Are You Fretting over the Economy?
Coaching Tip
AUGUST 4, 2011
As the DJIA fell 2% to close below 12,000 on August 2, one theme rang across major financial websites. This CNN headline summarizes it: Stocks sink as investors fret over the economy (Aug. 2). The belief that the economy drives the stock market is common knowledge; it's Investing 101; the idea gets pounded into investors' heads, over and over again, by various pundits, daily.
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