Hysteria and Hyperbole

This is a good example of the near hysteria of journalists "reporting" on the markets. The writer makes some good points but sets them within the context of the markets coming off the worst August in a decade (a good deal of volatility in both directions) and entering historically the worst month of the year. Why does any of that really matter except we need the volatility in order to accrue the long term returns. The "what to do now" syndrome seems to dominate the media at present much to the detriment of most investors.