The Day Ahead: Hang in There, and Bring the Intensity
This has been a whirlwind of a week. Man, I vividly remember days gone by when an earnings season was just that -- an earnings season. There was no leaked -- and maybe false == news about quantitative easing by the Federal Reserve (although, obviously, neither you nor I knew anything about QE at all circa 2004). No former pioneer of the financial-supermarket model got huge amounts of attention for altering an opinion he had held for an eternity. Most certainly, there were no slow economic deaths from a plane-ride-away land mass known as Europe.
Unfortunately we have to reconcile all sorts of news being thrown at us with vicious speed and accompanied by strong, click-worthy headlines. "Where to go?" and "What to do?" are the panic-induced questions I've been asked the most in the past two weeks. The reply I have often provided -- other than advising folks to sell everything if they're unable to stomach volatile swings -- has been the following....693 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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