[cgbg]

Panic and the madness of crowds is very human—should not be a surprise to anyone.

[1Old Pro]

S&P since Trump, still very impressive. Most people would be happy with 7-8% per year and we’re up more than that.
2019 31.49
2018 -4.38
2017 21.83

[Starboard]

Panic and the madness of crowds is very human—should not be a surprise to anyone.

***************

The media hypes everything to the max and gets the peeps worked up (this generates good viewer ratings). Then the story gets old after a few weeks of breathless coverage by the talking heads and people eventually lose interest after hearing the same thing over and over. There’s a very human tendency to tire of things and want a return to normal.

We’ve seen this movie before.