You wouldn’t notice, because nobody reports on it. You can read more about it here and here.
Jimmy Carter’s brain cancer miraculously disappears. Actually, it isn’t miraculous. It’s biotech. Jimmy Carter gave credit where credit is due—to the drugs that saved his life and the people who developed them. We have the ability to cure cancer—maybe.
But as the Drudge Report says,
“POLL: ‘15 worse than ‘14”
This is not to say that progress won’t sometimes go in reverse. Human advancement has been all about three steps forward, two steps back.
Elon Musk recently talked about this in his GQ interview, where he worries that he has a narrow window where we have the technology to colonize Mars. We could have a third world war, this time with nuclear weapons, global communism, who knows? These things can happen fast. So he is in a big hurry.
But that’s not what’s happening now. Things are getting better. The best way to bet on things getting better is to be long.
Sure, there are parts of the world, countries that have reached a generational top, or bad companies that are obvious short candidates (action-camera manufacturer GoPro (GPRO) in 2014 comes to mind), but I spend less and less time thinking about being short anything and more time thinking about how I can get exposed to things getting better.
But really, you see the best Drudge headlines when the markets turn a little kinky. In the recent 1,000-point Dow flash crash on China concerns, the Drudge Report posted a headline about people stocking up on canned food. Whenever the canned food headlines come out on Drudge, that is the bottom.
But fear gets clicks. And sells canned food (and other stuff).