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Archive of entries posted on 8th February 2018

Recency’s new story: “Volatility.” The Frenzied Dash to Instant Riches.

Logic for the stockmarket weakness: + Interest rates up. Bonds weak. + Inflation fears. This is minor stuff. Blips. The economy is booming (with exceptions, like some retail). Markets are emotion-bound. I counseled “stand firm.” Most observers did also. Yet, many readers sold everything. They believe the world is falling. One reader wrote “I’m looking […]