Recession Survival
It was a huge headline on the Huffington Post It is Scary, it is enough to make anyone feel bad. Yet the law of attraction demands that we not be moved by such news. Avoid looking at it or otherwise find a way to deal with it. It doesn’t work to ignore it, you must find a way to reframe the news, to see it in a new way that serves you.
How do you resist the negative effects of a headline like this one:
Dow Jones Industrial Average Closes Down Nearly 390 Points
On Thursday, the Dow Jones Industrial Average closed down nearly 390 points, according to Reuters.
In August, the Dow Jones experienced three of the 11 largest single-day drops in its history, according to the Wall Street Journal. It also experienced two of the 11 largest gains.
From Francesca Levy of the Associated Press:
NEW YORK — Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
The Dow Jones industrial average fell as much as 527 points, the second consecutive rout in the stock market since the Federal Reserve announced a change in strategy for fighting the economic slowdown.
One financial indicator after another showed that investors are quickly losing hope that the economy can keep growing. The price of oil and metals, both of which depend on economic demand, fell sharply. Traders bought bonds for safety.
“Markets rely on confidence and certainty. Right now there is neither,” said John Canally, an economic strategist at LPL Financial, an investment firm in Boston.
Ression Survival Guide
We need some specific methods to steel our thinking and ways to create extra income to battle this kind of news. Each of us must solve his own recession problems. You can find these techniques in the Recession Survival Guide, click here.
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