February 2018 has marked the return of volatility in the stock market. With that volatility comes a slew of news propaganda – listening to CNBC and Bloomberg you would think the world is ending. Every news outlet has their own story on why markets are spinning. Think through what is going on. Go back and look at other volatile times. What’s the truth? Markets are just acting how they are going to act. Volatility is normal. It is to be expected.
Adding to Michael’s perspective, he reads a blog post by Cliff Asness of AQR Capital. Cliff further elaborates on “machine haters” and news spinning during volatile times. Michael ends reading feedback from a listener on political correctness and keeping his message true and straight forward.