FYI: When markets enter “correction territory” and volatility picks up, people are much more likely to tune into the TV or read a few articles. The financial media lives for these sorts of markets the same way The Weather Channel yearns for super storms. ” Their job is to sell advertisements, not make their audience better investors. Like my friend Phil Pearlman says, “the higher the Vix, the higher the clicks. With this in mind, take a look at the tweet I saw yesterday.
Regards,
Ted
https://theirrelevantinvestor.wordpress.com/2015/08/26/what-do-people-hear/
