Stimulus hopes before the election fade away and investors are dumping stocks (but wait, they will be buying it back like crazy when the hopes renew after the election)…
A good start on vaccine hopes diminished on the stimulus failed hopes. But who knows what the hopes are. It is all that media make always up to come up with to justify the market price action.
My view is that every storm on Wall Street is a storm in a spoon of water inflated by media and panicking investors who are extremely short term oriented. And many lose money because of it which boosts their “I told you so” posture when talking about the markets.
Ignore it, execute your plan and you will perform better. A lot better!
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