Unfazed by the turmoil

Serious investors are still basically optimistic despite the global volatility.

Summary: Serious investors I know in the US suggest there has been an over-reaction to China’s softening and China will be successful in avoiding a hard landing. US companies are able to borrow at attractive rates, and although demand is soft, there is no recession in sight, the serious investors say. They say Europe will keep Greece afloat and that technological advances over the next 30 years will be more dramatic than those of the last 30.

Key take-out: The serious investors are still basically optimistic. If there were something negative brewing, I wonder if they would be able to anticipate it.

Key beneficiaries: General investors. Category: Economy.

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