Nonstop news has continually inundated investors with information that might affect their investment performance.Rather than improving decision-making, too much information makes logical and rational investment decisions harder.It’s difficult to sort through a mountain of information to determine what is accurate and relevant to you.Most media outlets and their featured financial experts want to engage, excite and entertain you to hold your attention. They need a compelling story to obtain and keep your interest.Most news stories are based on short-term current events. This objective conflicts with the long-term goals of most investors. Stories on common-sense advice to meet long-term investment goals aren’t headline news.Investors tend to react emotionally to bad news, triggering greater worry, anxiety and concern.Reacting emotionally to news stories is a common mistake.Investors often overreact to negative information, wanting to take action and feel as though we are in … [Read more...] about Jane Young: Too much financial news harmful to your portfolio
"Judge Jeanine" has reportedly lost four major advertisers in recent days after coming under fire for anti-Muslim commentsFox News replaced Jeanine Pirro's Saturday program with a rerun of a documentarySome Fox News viewers are vowing to boycott the network until "Justice with Judge Jeanine" returns to the airFox News bumped Jeanine Pirro's "Justice with Judge Jeanine" on Saturday following a furor over anti-Muslim comments and advertiser defections, sparking an uproar from the program's fans. Many said they planned to boycott Fox News until Pirro's program returns to its airwaves. Pirro has been under fire for anti-Muslim comments she made about Democratic Rep. Ilhan Omar of Minnesota, leading to some advertiser defections. After Fox News scheduled a rerun to air instead of her show on Saturday, Pirro received support from President Donald Trump, who urged the network to "bring back" her show.Controversy may draw viewers, but it can scare away advertisers wary of issues that may … [Read more...] about Judge Jeanine Pirro fans vow to boycott Fox News over bumped program
WHEN bank giant Lehman Brothers collapsed in September 2008, it triggered a global financial crash that led to a devastating recession in Britain. Now, a decade after the firm went bankrupt, we take a look at what caused the crisis. Why did Lehman Brothers crash? Lehman, which was based in New York but had a large office in London, went bankrupt after investing in dodgy financial instruments. The bank had become heavily involved in the mortgage market and owned mortgage seller BNC Mortgage. By 2008, the bank held 30 times more in real estate than it had capital - and had been borrowing too much money to fund its mortgage investments. However, the market turned, and Lehman had held on to - or could not sell - so many low-rated mortgages. Investor confidence in the firm declined, leading to its crash in September 2008. Its collapse sparked global panic, with firms such as RBS and Lloyds having to be nationalised. The subsequent recession was the worst since before WW2, leading to the … [Read more...] about Why did Lehman Brothers collapse, who was CEO as the financial crisis hit and is it the largest bankruptcy filing ever?
Pan Pylas, Associated Press Updated 5:23 am CDT, Wednesday, September 5, 2018 A man walks past a sign announcing the price of U.S. dollar and Brazilian real, in exchange for Argentine pesos, at an exchange house in Buenos Aires, Argentina, Monday, Sept. 3, 2018. Argentina's President Mauricio Macri has announced new taxes on exports and the elimination of several ministries on Monday in a bid to halt economic turmoil that has sent the peso to record lows. less A man walks past a sign announcing the price of U.S. dollar and Brazilian real, in exchange for Argentine pesos, at an exchange house in Buenos Aires, Argentina, Monday, Sept. 3, 2018. Argentina's President ... more Photo: Natacha Pisarenko, AP Photo: Natacha Pisarenko, AP Image 1 of / 1 Caption Close Image 1 of 1 A man walks past a sign announcing the price … [Read more...] about AP Explains: Financial turmoil in emerging markets
Tuesday, September 04, 2018 by: Vicki Batts Tags: California, Collapse, Collapsifornia, democrats, financial collapse, financial suicide, free healthcare, health care, illegal immigrants, invasion usa, Left-wing, liberals, Libtards, migrants, Open Borders, stupid, taxpayers, unsustainable debt (Natural News) Gavin Newsom is running for Governor in California, and he’s already bragging about his plans to drive the state into financial oblivion. The gubernatorial candidate just announced his plans to launch a universal healthcare program for illegal immigrants state-wide. In any other state, such an idea might send would-be voters running for the hills, but on the Left Coast, it seems anything goes. In an interview on Pod Save America, Newsom recalled his time as the Mayor of San Francisco, a once-beautiful city that now more closely resembles a poorly kept port-a-potty. The current state of SF is nothing to write home about, but Newsom would like to expand the … [Read more...] about California candidate for Governor promises free health care for all illegal immigrants in latest push for financial suicide and collapse