June has not been kind to investors. It began with what the press told us was the “largest one-day loss in over nine months,” with the Dow falling 279 points, or 2.2%, on June 1. What’s more, that decline locked in the fifth-straight negative week, something that the press told us hadn’t happened since the terrible market crisis of 2008.
The press is usually negative, but June has been a bad-news bonanza, so I’d like to go over 10 of the most negative headlines and turn them on their ear, statistically. Maybe by the end of this exercise, you will be able to smell the roses in your garden instead of dodging all those well-publicized nettles in the forest.
The Positive Angle Behind 10 Scary Headlines
At the start of June, the Wall Street Journal’s headlines naturally focused on the negative news. The June 1 headline was “Housing Imperils Recovery,” while June 2 was “Economic Outlook Darkens.” In addition, the talking heads of CNBC counted down the “start of hurricane season” and “June’s dismal market history,” but these scare-mongers ignored any historical perspective that revealed a positive angle. Read