This turbulent economy is very stressful and confusing for many people. The market is going through one of those phases where major stocks go up and down by a few percent each day with no real news coming in.
Many analysts have it wrong because their academic training was wrong in the first place. It doesn’t seem to matter where I read my financial info these days. It’s all warped. It’s very important to understand fundamentals but that’s not the whole story.
CNBC and the big media corporations are using old paradigms to evaluate what is going on. That’s the problem.
So many “experts” will say the market is “irrational” because it doesn’t behave according to their view of what rational is in the first place.
