Why Watching Financial News Could Lead Investors Astray: Say Anything

Investors, turn on the TV and the financial news channels, watch for a few hours and soak in the opinions being passed along as news. You, too, will convince yourself that a terrible recession is imminent. Geopolitical strife domestically and globally. Bank runs in Europe, and regional bank runs here in the US. And the kicker is still "rampant inflation" if one listens to the parade of Ph.D. economists and sell-side strategists on the financial channels or writing in newsletters. I've been managing money professionally for almost 30 years now. I've never heard so many people so uniformly negative and confident in their economic opinions of forthcoming doom.

Join me as I go through what's ACTUALLY happening in the markets, and how to combat fake news with a level head.

 

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About Chris Perras, CFA®, CLU®, ChFC®, Chief Investment Officer As CIO, Chris is the lead investment strategist and director of research at Oak Harvest Financial Group. Chris develops the firm's core market outlook, putting his decades of experience and expertise to work for our clients. He hosts Oak Harvest's podcast, "Stock Talk," available on the website with new episodes each week. He completed his undergraduate studies at Georgia Tech, and went on to obtain an MBA from the Harvard Business School. Driven by a desire to maximize his knowledge and skill set, he acquired a plethora of financial planning and investment management qualifications, becoming a Chartered Life Underwriter (CLU®), a Chartered Financial Consultant (ChFC®), and a Chartered Financial Analyst (CFA®).

 

Important disclosures: Content of Oak Harvest podcasts expresses the views of the speaker and is for informational purposes only. Oak Harvest believes that any data, articles, or information cited are reliable at the time of creation, but does not warrant any information contained herein to be correct, complete, accurate, or timely. The views and opinions expressed herein may change without notice. Strategies and ideas discussed may not be right for you — and nothing in this podcast constitutes personalized investment, tax or legal advice, or an offer or solicitation to buy or sell securities. Indexes such as the S&P 500 are not available for direct investment and your investment results may differ when compared to an index. Any specific portfolio actions or strategies discussed will not apply to all client portfolios. Investing involves the risk of loss, and past performance is not indicative of future results.