Even in “normal” times, the news can be depressing. But these days, it can seem like there’s an awful lot to worry about. Here’s a sampling of the types of headlines I’ve seen recently:
- Why US hospitals are going bankrupt 1
- New York City likely to stay in lock down until June 2
- Fed’s Kashkari says ‘worst is yet to come for unemployment,’ urges Congress to provide more aid 3
It’s easy to get gloomy reading such news day in and day out. But if you look for good news, there’s a lot to be encouraged by. For example:
- People in India can see the Himalayas for the first time in “decades,” as the lock down eases air pollution 4
It’s easy to get gloomy reading such news day in and day out. But if you look for good news, there’s a lot to be encouraged by. For example:
- People in India can see the Himalayas for the first time in “decades,” as the lockdown eases air pollution 4
- “The coronavirus pandemic has taught me to stop waiting to live my best life” 5
- A coronavirus silver lining: less driving, fewer crashes 6
As an investor, a plethora of troubling headlines can make you question yourself, your life choices, even your overall approach to the financial markets. But remember: market volatility goes hand-in-hand with investing. Your strategy was designed with this truth in mind, and is built around your time horizon, risk tolerance and goals.
We can probably expect to see more shocking headlines in the months ahead. If underlying economic conditions change or a new long-term trend emerges, we may want to revisit your portfolio’s positioning. But it’s never all bad news, and if you look for the good, you just might find it.
Meanwhile, we’re watching the headlines for you. Feel free to give yourself a mental break now and then, and keep an eye out for silver linings.
1. CNBC.com, May 11, 2020
2. SeekingAlpha.com, May 11, 2020
3. FoxBusiness.com, May 11, 2020
4. CNNPhilippines.com, April 10, 2020
5. USAToday, May 11, 2020
6. Wired.com, April 27, 2020
Franklin Planning takes no responsibility for the current accuracy of this information. Securities offered through J.W. Cole Financial, Inc. (JWC) Member FINRA/SIPC. Advisory Services offered through J.W. Cole Advisors (JWCA). Franklin Planning and JWC/JWCA are unaffiliated entities. Securities are not FDIC insured or guaranteed and may lose value. Investments are not guaranteed and you can lose money. This presentation is for educational purposes only and is not an offer to buy or sell an investment. Neither Franklin Planning and JWC/JWCA are tax or legal advisors and this information should not be considered tax or legal advice. Consult with a tax and/or legal advisor for such issues