Market Update for March 20, 2020
The power of negative emotions
Ed McIlveen takes a step back from analyzing daily performance and instead focuses on our reaction to negative emotions, providing the important reminder that now is not the time to abandon your long-term strategy.
Also interesting to note – The S&P 500 Index is now where it was in February 2017. Back then, we were experiencing growth. Now we are experiencing loss. While the values are the same, our emotions have changed, and these emotions shade our outlook.