There’s a “Dangerous For Your Money” Meme Circulating Right Now
The mainstream media would have you believe that traders are ignoring risks because markets haven’t fallen in the face of fractured politics, missiles, and otherwise terrible news. But, to the point I made today, the reverse is true. Traders are acutely aware of the risks, and are placing their bets accordingly – and that’s really why the markets haven’t fallen. It’s all about psychology.