In this podcast, I expand on my latest Globe and Mail column, where I identify three reasons why investors should be looking beyond the doom and gloom: (1) stock and corporate bond valuations are very attractive, (2) investor sentiment is close to maximum bearishness, and (3) there’s a mound of cash building up on the sidelines.  Investors need to put some perspective on the dire headlines.  At some point, stocks and corporate bonds stop going down on negative news.  They begin to look forward to better times ahead.  It’s time to start preparing for the other side of the valley. Listen now (the file may take a minute or two to download).