I look at what Wall Street does one day to the next, and I don’t see day-to-day differentials in small increments. It seems the market is like a pregnant woman; day-to-day mood swings that go from one end of the meter to the other.
Spoke to my financial advisor. He concurs with me; it is an emotional reaction to news with no real effect on life. The only time it seems to really matter is when war is eminent or the price of fuel climbs or falls.
But why is it so dire when it is down, but nothing is said when it goes up? Do we enjoy bad news? Is our thirst for news such that we need to be scared to death?
Ever notice when it rains? The networks start with crawls across the bottom of the TV screen. “THERE IS AN EMERGENCY FLOOD WARNING FOR ALL THE COUNTIES IN NEW JERSEY. ¼ TO ½ INCH OF RAIN IS EXPECTED TO FALL WITHIN THE NEXT THREE DAYS! NEWS AT 10.”
How about the network reports on; “FOODS THAT WILL CAUSE YOU TO GET FULL! NEWS AT 10.” OR “MOTHER CHANGES BABY’S DIAPER IN CROWDED STORE! RIGHT HERE ON CBS NEWS AT TEN.”
Makes you wonder why you’re not on the news at 10 for attempted murder of the anchor people.
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