It occurred to me just now. All this stock market hullabaloo (don't know if I spelled it correctly) can get really annoying sometimes. You channel all your analytical skills in economics and finance to come up with proper stock valuation, and overnight, your stock portfolio (which isn't really much to begin with) goes downhill just because investors in New York get jittery about unfounded fears of a looming economic crunch in the US.
Fundamentals be damned. We're all hostaged by Wall Street. Even if you have nothing invested in the Dow.
You don't only watch the local business news anymore. Sometimes, you'd pretty much know the direction local equities are heading just by watching the CNN business news the night before.
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