I continue to monitor with my own statistical model the various World, USA, State and Local data. Even know the number of cases in my zip code (25) with hospitalizations (7) and deaths (under 3). The numbers are getting large which contributes to smaller growth rates.
The USA stock market seems to be in the twilight zone with a V shaped recovery, sprinkled with radical emotional volatility based on news of the day. If my attention to the market and renewed trading activity is any indication of a trend then there are lots of people speculating and creating volatility with zero commission costs of "nervous energy ". My prior Financial Advisor (T.A.) said it best - "Nervous energy is one of the greatest destroyers of wealth".
The recent outrage of George Floyd's death with demonstrations, protests, and autonomous zone anarchy I believe escalated as a result of the rapid growth in emotional stress associated with COVID-19 and the shut down of the economy. Oh.... stir in a dose of polarized red state and blue state political fear of the next election and you get a perfect storm of emotional pressure ready to blow up.
What's the vaccine for emotional volatility? Find what eliminates your nervous energy.
https://listenforjoy.com/collections/well-loved-images/products/deep-breath |
No comments:
Post a Comment