Holiday Cheer with a Dash of Stock Market Fear
“O Turkey Lurkey, the sky is falling!”
—The Remarkable Story of Chicken Little
Quoting a well-worn children’s tale may seem a bit crass in the wake of an uncertain market. But, this classic yarn remains prophetic because of the timeless lessons it espouses for tumultuous times like these.
For the uninitiated, Chicken Little gets unnecessarily spooked, yells about the end of the world, and convinces all of her flavorful foul friends to prepare for the worst. The wily fox senses opportunity and invites his feathered friends into his den to take shelter from the impending storm—where he then proceeds to consume each worrywart one by one.
Given the market turmoil and disheartening news headlines, many investors may wonder if Chicken Little was on to something, despite knowing her eventual fate. As stock valuations become more reasonable, it may make more sense for investors to act like the opportunistic fox.Read more