To me, today's stock market - measured by depth of loss, fearful emotions and widespread convictions of a depression coming - is equivalent to the third quarter of 1974. The stock market, in its seventh straight quarter of decline, was down almost 50%. And that's when I realized that extreme emotions and negativity could overwhelm rational thought and sound investing analysis. The bottom lineThis week is likely to be the worst of this selloff. That understanding will reduce emotions and negativity, bringing back rational thought and sound investing analysis — and opportunities to make some real money.
Source: Forbes March 23, 2020 06:35 UTC