'Happy' Halloween
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This Halloween day, allow me to be the one not to scare you. The financial anchor not to doom-and-gloom you.
You see, sometimes some in the media like to trick you and make you think things are awful.
For these crape-hanging few, every day is Halloween.
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So they trick you into thinking the economy is in a recession.
Someday it will be. But the treat right now is it's not — not by a long shot.
We just got word that the economy grew darn close to 4 percent in the latest quarter — the first time we've seen that kind of back-to-back strength in more than three years.
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Others trick you into thinking there's a mortgage meltdown. Trust me, we've got some mortgages in trouble, but the vast majority are not.
In fact, let me treat you to this far-from scary stat: 96 percent of all mortgages are being paid on time, month in and month out. It's true.
Here's what isn't: Tricking you into thinking Merrill Lynch is the start of some spooky spiral.
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It might well be. But it ain't now.
Because right now, with most earnings out, most earnings are up.
I suppose like a broken clock, the end-of-the-world crowd will get something right. And something will go wrong. Because the trick to avoiding treats in the media is never reporting the treats in the first place.
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That's not scary, my friends, that's just sad.
Happy Halloween. And I mean that, happy Halloween.
Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to cavuto@foxnews.com