Investors are scaring each other

In the recent period, investors have continuously sought a reason to be very pessimistic: Against all evidence, they fear a recession in Europe; Against all evidence, they talk about a recession in the United States; They believe the weakening of the Chinese economy will trigger a crisis in other regions and are talk ing about a contraction in global trade. Admittedly , there are risks (no-deal Brexit, another crisis in Italy, lasting tension s between the United States and China), but no ne of these risks is as catastrophic as those imagined .