Markets Just Went Negative for the Year: What is Your Focus?
Just saw a headline saying the markets (S&P 500) just went negative for the year. Indeed, equity markets have been volatile lately. Turn on the financial press and you'll hear about, China's devaluation, the coming market collapse, and other fear mongering. The financial press LOVE LOVE LOVE to play up fear and greed. Just like a weatherman during volatile weather. My favorite headline so far is this one "Dow Death Cross is a Bearish Omen for the Market." Seriously folks?