{"id":68784,"date":"2020-03-12T17:44:54","date_gmt":"2020-03-12T09:44:54","guid":{"rendered":"https:\/\/nomoneylah.com\/?p=68784"},"modified":"2022-05-02T13:15:15","modified_gmt":"2022-05-02T05:15:15","slug":"the-hard-truth","status":"publish","type":"post","link":"https:\/\/nomoneylah.com\/2020\/03\/12\/the-hard-truth\/","title":{"rendered":"The Hard Truth: Why You Shouldn\u2019t Care About What Stock Investment \u2018Influencers\u2019 are Buying on Social Media (Especially at Times Like This)"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]So, the inevitable has happened.<\/span><\/p>\n With the fear and pressure from Covid-19 pandemic and drop in oil price, the market has gone real bad.<\/span><\/p>\n As an example, Dow Jones has just dropped by 20% from its previous peak and entered a technical bear market<\/a> earlier today.<\/span><\/p>\n At the same time, for the first time since 2008\/09, the VIX (Market Volatility) Index had a daily close above $53. Also known as the Fear Index, this means that the market is generally in fear and expects huge volatility moving forward.<\/span><\/p>\n In short, just like the story of \u2018The Boy Who Cried Wolf\u2019, the wolf has, in fact, arrived at our doorsteps.<\/span><\/strong><\/p>\n p<\/span><\/p>\n