214 | "The Market" isn't Hard to Predict

"The market" is nothing more than a live streaming estimate of the financial emotions of everyone on Earth.

Me. You. Your neighbor. That stranger in traffic. That person on TV. That person who makes you cringe. That other person who cancelled your vote in the last election. And the other 4 or 5 billion adults walking the planet.

Each of us, tuned in (or not!) to the news.

Each of us, tuned in (or not!) to our emotions.

And then…

Each of us, making an investment decision (or not!) based on one or both of those things.

It’s not the news or even the emotions that move “the market”.

But the collective “buying-and-selling” decisions of everyone in the world based on their news and their emotions…and their businesses.

If those who are encouraged by the future ("buyers") outnumber those who are discouraged ("sellers") or apathetic ("holders"), “the market” goes 👆🏻.

If the folks who are discouraged by the future outnumber the encouraged or apathetic, “the market” goes 👇🏻.

"The market" isn't hard to predict - it's the people that are tricky.