Headlines du Jour [Financial news]

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
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retire57
Posts: 376
Joined: Fri Oct 28, 2016 3:03 pm

Headlines du Jour [Financial news]

Post by retire57 » Sun Oct 08, 2017 6:27 pm

"Financial news doesn’t rhyme but it does repeat itself.” Helpful perspective on offer from this blogger:

http://awealthofcommonsense.com/2017/10 ... at-itself/

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jmndu99
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Joined: Sun Jul 14, 2013 4:18 pm

Re: Headlines de Jour

Post by jmndu99 » Sun Oct 08, 2017 6:34 pm

Just great. Thank you for posting this

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Tycoon
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Joined: Wed Mar 28, 2012 7:06 pm

Re: Headlines de Jour

Post by Tycoon » Sun Oct 08, 2017 6:52 pm

Telling! Truly telling.
Appeal to Pity:When pity is envoked to support a statement | Appeal to Popular Sentiment:Appealing to unrelated prejudices and attitudes | Hasty Generalization:Too little evidence to support the conclusion

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bertilak
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Joined: Tue Aug 02, 2011 5:23 pm
Location: East of the Pecos, West of the Mississippi

Re: Headlines de Jour

Post by bertilak » Sun Oct 08, 2017 7:14 pm

Yes, thanks for that!

Just the other day my wife was out and about in her car listening to the radio and ran across one of those financial porn shows. She never before showed much interest in our investments (it was hard to get her to look over my IPS) but when she got home she warned me about the big market crash coming any day now and asked if we were prepared for it. The guy on the show had lots of good ideas about what to buy.

I told her that SHE was the product that guy was selling to his advertisers and neither he nor the advertisers had any concern for our well being. I don't think that was a helpful thing to say. She said the guy sounded smart and knew a lot of stuff.

So I just now printed out that article and asked her to pay attention to the dates and to think what it would mean to follow all that advice!
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker, the Cowboy Poet

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k66
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Joined: Sat Oct 27, 2012 1:36 pm

Re: Headlines du Jour [Financial news]

Post by k66 » Mon Oct 09, 2017 11:06 pm

Yes it’s true that that history does not repeat exactly, but it seems that financial news headlines recur almost verbatim!
LOSER of the Boglehead Contest 2015 | lang may yer lum reek

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