If you’ve been following the news – which, two of my recent posts concluded, is a mistake! – for the past six months or more, you’ll be forgiven for thinking that the earnings of ASX-listed firms are recovering and therefore that the market’s remarkable gains since March 2020 are “sustainable.” The truth is diametrically different. Alan Kohler wrote in The Australian on 7 April … [Read more...] about Australia’s Earnings Depression
Archives for April 2021
Investors beware: “News” impairs your mental and physical wellbeing
In my previous wire, I showed that overconsumption of news misinforms investors and wastes their time. But that’s not all: in this article, I cite evidence that overconsumption – particularly of news’ online and broadcast variants – hinders thinking. It doesn’t just cause your investment returns to suffer: even worse, it also impairs your mental and physical health. Like the … [Read more...] about Investors beware: “News” impairs your mental and physical wellbeing