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Media Fast

Media Fast

I receive a daily email from a well-known financial media outlet and was struck by recent contrasting headlines.  The lead article was titled “20% Plunge in Stocks Possible in Next 2 Months: INTL FCStone” while the very next article was titled, “Why JPMorgan Says Time to ‘Buy on Dip’ With Outlook Still Bright”.  These were 2 articles from the same media source……in the same email…..on the same day!

 

Financial media “experts” don’t have a clue of what the markets will do short-term (and neither does anyone else).  

 
 

Reminder for the day: Enjoy your kids/grandkids.  Enjoy a nice meal with friends.  Enjoy an afternoon at your favorite fishing hole.  Avoid financial media.



 
Hope you have a great day,
 
Bain