The truth can be difficult to hear. Telling the truth is also hard when the message is not what the recipient wants to hear. Dealing with the truth is even harder, especially when it’s unexpected and disappointing. This week, investors had to deal with a heavy dose of truth about the state of the economy. Based on the markets’ response, it was painfully unexpected and disappointing as demonstrated by… …S&P 500 down -8.7% …NASDAQ down
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