The typical investor invests in a company based on its value and profits. Today, Paul talks about momentum investing—where people invest in companies based on whether their prices are going up or down. Listen along to hear how the financial media frames the value of a company in a way that contradicts its true value. Later in the show, Paul addresses a MarketWatch article called: Is Fed “tightening cycle” already happening?
The Media Is Telling Us That the Market Had a Rough Month, but Did It?
The DOW dropped 500 points in April. This also happened in 1987. The difference is that in 1987, this was a 22.6%