pessimism

What Boomers, Millennials, Elderly All Have in Common: Money Fears

For the past few years, it has seemed like depressing economic news has been America's only actual growth industry, and all that negativity is still echoing in our heads. Across the age spectrum, we're downbeat about the future, even as the signs are finally looking up.

Young People Pessimistic About Financial Futures

These days, 20-somethings aren't just the young and the restless -- they're the young and the anxious. According to The PNC Financial Services Group's Financial Independence Survey, that demographic is full of financial fears.

Job Concerns Soar Among Employed, Unemployed

Employee concerns about layoffs have moved sharply higher according to a new survey by online jobs company Glassdoor. The percentage of those who are worried rose sharply to 22% in the second quarter, the highest that statistic has been since the third quarter of 2009, in the heart of the recession.

How the Bear Market Pundits Got It Wrong

The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling, and Bill Gross, all of whom predicted the opposite. This raises several questions about how stocks move, and why the pundits we hear say the things they do.

CEOs of Largest Companies Turn Pessimistic

Optimism about the economy appears to have waned, according to a poll of top U.S. CEOs. Only one-third believe that their industry will improve in the next six months, down from two-thirds in the last poll. Are these executives canaries in the coal mine?

Don't Blame the Economy on the Uncertainty

The government today is often blamed for causing economic uncertainty, which some point to as the source of all the economy's woes. But there's a deeper issue in play than the fact that we have to guess what's coming next: The problem is the bias in our guesses.

No Jobs Yet: Execs See Little Hiring Until Next Year

Chief financial officers at U.S. companies are increasingly pessimistic about the job market over the next six to 12 months: Results from two independent surveys say most firms don%u2019t plan to do any significant hiring until 2011 or beyond.