The stock market has been tumbling lately, which means that dramatic media headlines are roiling investor sentiment far and wide. As a result, recency bias threatens to overwhelm otherwise rational minds. To be fair, October looks pretty grim and the latest market rout could roll on… or not. But before you let your emotional demons take over all your decisions, take a moment to consider the historical perspective, which tends to be overlooked in times like these.
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Suspected package bombs sent to Obama, Clinton and CNN: Reuters
Is Trump’s diplomacy pushing China and Japan closer together? CNN
Worries over a trade war and tariffs are key factors in market selloff: CNBC
Is the Fed making a mistake on inflation outlook and raising rates? Yardeni.com
US Composite PMI for Oct: economic growth ticked up to 3-mo high: IHS Markit
Home Price Index for US up 0.3% in Aug as mid-Atlantic slumped 0.7%: HW
Fed’s Beige Book: wages, prices rising at “modest to moderate” pace: MW
New home sales in US fell to lowest level in nearly 2 years in Sep: Reuters