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I agree. I thought that original post was a bit off the rails. I don’t believe that politicians or the media actually WANT to see more people die. A lot of people like to think that is the case… (or they just enjoy spouting it) but I don’t believe it at all.
Politicians dont usually care if people die (Either way they only care about what benefits them. So sometimes they want death and sometimes they dont). As far as Omicron, they dont want people to believe that it is less severe because they want to use it to push vaccination. At this point, I just dont want my portfolio to take a hit because of Omicron.
Im happy to see today is another up day (so far). I expected it to be down.
Politicians dont usually care if people die (Either way they only care about what benefits them. So sometimes they want death and sometimes they dont). As far as Omicron, they dont want people to believe that it is less severe because they want to use it to push vaccination. At this point, I just dont want my portfolio to take a hit because of Omicron.
Im happy to see today is another up day (so far). I expected it to be down.
Well I do agree on that at least. But these days, the last several years really, the market is all about whatever the headlines are. And of course the headlines always fade...and eventually the market forgets about them. Just have to roll with it. At least, that is my stance.
Well I do agree on that at least. But these days, the last several years really, the market is all about whatever the headlines are. And of course the headlines always fade...and eventually the market forgets about them. Just have to roll with it. At least, that is my stance.
I find it impressive one day Omicron matters, stocks tank. The next day Omicron doesnt matter, stocks shoot up. Things in reality move in a more fluid matter but it appears (or is supposed to appear) as if any given day someone picks something to care about and that is what moves the market in one way or another.
My tactic is to simply hang on and trust that my interests are aligned with those of the decision makers.
I find it impressive one day Omicron matters, stocks tank. The next day Omicron doesnt matter, stocks shoot up. Things in reality move in a more fluid matter but it appears (or is supposed to appear) as if any given day someone picks something to care about and that is what moves the market in one way or another.
My tactic is to simply hang on and trust that my interests are aligned with those of the decision makers.
The headlines like that are just lazy. “Stocks tank as omicron fears high” “stocks rebound as omicron fears falloff!” blah blah blah. It’s all clickbait. There’s thousands of reasons stocks and all asset classes move every day.
I find it impressive one day Omicron matters, stocks tank. The next day Omicron doesnt matter, stocks shoot up. Things in reality move in a more fluid matter but it appears (or is supposed to appear) as if any given day someone picks something to care about and that is what moves the market in one way or another.
My tactic is to simply hang on and trust that my interests are aligned with those of the decision makers.
Well it's certainly not just Omicron of course, lots of different events affect the market - but I think how it is played in the media is the biggest factor. I think it more frustrating than impressive LOL. But it is what it is.
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