Recently, however, he has become more pessimistic on this score.
In addition, although investors have become more pessimistic, they have not yet panicked.
Investors are also becoming pessimistic about the chances for a reduction in interest rates.
Gore's lyrics also took on a darker tone and became even more pessimistic.
The decision was a clear disappointment to investors and corporations, who have become more pessimistic than at any time in the last five years.
He said that the investors he talks to around the country were also becoming pessimistic about the longer term.
And even several of those who were more sanguine told researchers in follow-up interviews that they had become pessimistic.
But on Friday, a national survey found that consumers were becoming more pessimistic again.
The same people, however, often have become more pessimistic about the economy in general.
He was thinking once more of that cryptic speech, and now his mood had become wholly pessimistic.