You might not want to read today's headlines. Here's why…
The business press isn't exactly worry-free reading at the moment.
Exhibit A, may it please the court, is today's Sydney Morning Herald headline:
"Recession fears spook Wall Street"
Worried yet?
Here are some more headlines:
"ASX to open lower as recession fears haunt Wall St" — Australian Financial Review
"US Trade War Spooks Stock Market, Worry About Recession" — Bloomberg
"Wall Street reels as US-China trade spat and falling oil prices spook investors" —Proactive Investors
"'Peak' earnings concerns spook Wall Street" — AFR
"Global recession fears spook Wall Street" — CBS
"Slow Growth Stirs Fears of Recession" — Wall Street Journal
Oops, I left something out.
The date.
Let's try again.
"ASX to open lower as recession fears haunt Wall St" — Australian Financial Review (5 days ago)
"US Trade War Spooks Stock Market, Worry About Recession" — Bloomberg (May 13)
"Wall Street reels as US-China trade spat and falling oil prices spook investors" —Proactive Investors (June 19, 2018)
"'Peak' earnings concerns spook Wall Street" — AFR (April 25, 2018)
"Global recession fears spook Wall Street" — CBS (August 19, 2011)
"Slow Growth Stirs Fears of Recession" — Wall Street Journal (July 30, 2011)
Argh. I messed up again.
This time, with the returns of the ASX 200 since each article was printed:
"ASX to open lower as recession fears haunt Wall St" — Australian Financial Review(5 days ago) +1.1%
"US Trade War Spooks Stock Market, Worry About Recession" — Bloomberg (May 13)+4.6%
"Wall Street reels as US-China trade spat and falling oil prices spook investors" —Proactive Investors (June 19, 2018) +8.0%
"'Peak' earnings concerns spook Wall Street" — AFR (April 25, 2018) +11.5%
"Global recession fears spook Wall Street" — CBS (August 19, 2011) +60.7%
"Slow Growth Stirs Fears of Recession" — Wall Street Journal (July 30, 2011) +46.5%
… and none of those numbers include dividends.
It's different this time?
Possibly.
Some people said it was 'different this time' then, too.
Is it easy to ignore the doom and gloom? Nope.
But you let it impact your investing at your financial peril.
Fool on!
