FYI: Twice this past week, China’s stock market dropped 7% in a single day. Three times this week, the Dow Jones Industrial Average sank at least 300 points during the trading day. And then on Friday, the latest employment report shocked almost everyone, as the economy added 292,000 jobs in December — nearly 40% above what analysts had predicted.
To stick to your long-term investing plan, it’s important to understand what surprises do to your thinking.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/01/08/how-many-surprises-can-an-investor-bear/tab/print/
