Image Credit: Frank Bellew, “Panic, as a Health Officer, Sweeping the Garbage Out of Wall Street,” The Daily Graphic, Sept. 29, 1873, Library of Congress By Jason Zweig | March 28, 2020 12:00 am ET How could a microscopic organism destroy nearly $15 trillion in global stock-market wealth in five weeks? Until recently, many...
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Image Credit: Fitz Henry Lane, “Lumber Schooners at Evening on Penobscot Bay” (1863), National Gallery of Art via Wikimedia Commons By Jason Zweig | March 24, 2020 7:00 am ET Investing, once a necessity, has become a luxury. “In the 1930s we had the Great Depression, in 2008 we had the start of the Great Recession and...
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Image Credit: Alex Nabaum By Jason Zweig | Updated March 20, 2020 11:52 am ET It’s springtime in the year 2030. You’re looking back at the crash of 2020, the devastation it dealt your portfolio and how you behaved as an investor. What will you say? If human nature is any guide — and, let’s face it, it is...
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Image Credit: Giuseppe Arcimboldo, “Fire” (1566), Kunsthistorisches Museum, Vienna By Jason Zweig | March 19, 2020 7:00 am ET It isn’t just your portfolio that’s getting pounded. You are, too. Every financial asset is falling at once, and the economy itself seems to be imploding. All investors —...
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Image Credit: Elisabeth Louise Vigée Le Brun, “Julie Le Brun Looking into a Mirror” (ca. 1786), Metropolitan Museum of Art By Jason Zweig | March 13, 2020 11:00 am ET With U.S. stocks down — at their worst — around 27% in 16 trading days, investors need to get out of the prognostication business. Nobody...
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