This post is going to be very short. There really isn’t much to say after reading the headlines below. If this doesn’t illustrate why we need to ignore the media, I don’t know what would.
Stocks tumble as Dow drops 180 points on rate hike fears
– USA Today Nov 9, 2015
Wall St. rallies after Fed minutes solidify December rate hike bets
– Wall Street Journal Nov 18, 2015
So the market goes down because of rate hike fears, and then it goes up significantly because of rate hike expectations. Same news. Different Day. Different Results.
Ignore the media. Tune them out. Focus on your plan.