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
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