Yesterday’s beat down in the markets has opened the floodgates for a multitude of Financial Media headlines claiming this is the worst (fill in the blank) in history.
But that is what happens when Wall Street’s Bought-And-Paid-For Media Presstitutes jump on the fear and loathing band wagon.
Here are a few of our favorite headlines in the last 24 hours:
- Economic ‘Detox/Transition’ Fears Spark Largest Mag7 Market Cap Loss On Record
- A Sea of Red
- Fear And Loathing On The World’s Largest Trading Desk
- Nasdaq sees worst day since 2022 as fears over US economy rise
- Momentum Splat, Worst Start In +15 Years As DOGE-Led Recession Risks Rise
- The Pulse on Panic
Personally, we like the term “Economic ‘Detox/Transition Fears.”
But we’re still trying to figure out what it means.
And did you notice how the Boyz “behind the curtain” are indicating that we are looking at a DOGE Led Recession?
FYI… on December 12, 2024 we wrote:
“President-Elect Trump is sleep-walking into a recession that he will be blamed for.”
READ: The Dirt is in the Details (HERE).
Adding gasoline to the Calls for Recession Inferno, we cannot overlook the impact of Tariffs and why they often do more damage than good.
And just the other day we said:
“Threatening high taxes and tariffs – while saying you are doing Russia a favor – is NOT the way to bring Putin to the peace table.”
READ: Has Trump Jump-Started WW3? (HERE)
The Worst (fill in the Blank)
The exaggeration from the media Presstitutes is guaranteed to cause many investors to panic…with claims of “worst ever.”
But allow us to put things in perspective here.
A loss of 890 points in one day is a 2.08% loss.
That number pales by comparison to the percentage loss of over 22% on October 19, 1987.
Do the math…a 22% loss in today’s markets would be equal to a loss of approximately 9,460 points in the DOW in one day.
Unfortunately, most uninformed investors respond to those facts with a great big “YEAH, BUT.”
And then they parrot what they see/hear from the Presstitutes as to why we are facing Armageddon in the stock markets.
One of our favorite “Old School” Wall Street adages is:
“The Markets Move in the Direction that Frustrates the Most People”
And remember, the Boyz who want you to panic the most are the ones who will be buying what you are selling.
We call the process… “the back of the shampoo bottle directions”
- Wash
- Rinse
- Repeat
So, instead of taking the bait of this is the worst (fill in the blank) ever, start to look for opportunities like the smart money does.
And we are highlighting some of them in our upcoming March newsletter (HERE).
Share this with a friend…especially if they are prone to believing Wall Street’s Bought-and-Paid-For Media Presstitutes. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
Support always welcome via the digital tip jar.
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