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Writing During Times of Panic - (Written on 6/26/22)
At twenty-two years old, it is difficult for me to fully reflect on the financial markets right now. Everything just seems to be worsening and I cannot help but look back to 2008. I was not knowledgeable enough, or old enough, to realize the implications of what occurred during the Great Recession. However, I vividly remember the times when my father said that the financial markets in 2008 made him fearful for his investments and his job. Fast-forward to now and we another recession potentially on the brink. All of this while still dealing with the repercussions from the COVID recession.
When reading the news now, economic and financial indicators constantly flip through in my head: inflation, consumer sentiment, real estate prices, stock market performance, supply chain efficiency, oil prices, along with others. I cannot help but think that the US economy will soon “face the music”. With that being said, it is becoming increasingly difficult to write about the world of finance with this all going on. Since starting Money Buzz (my newsletter), I have written many times about some of these indicators. This culminates into a grand learning experience that I am appreciative of, but then I see a Tweet like the one below.
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How can Jim Cramer remain calm during times of panic? Who knows, but I know when to stop being optimistic (and maybe that I am wrong in this). Through experiences like these, no matter how small, they teach me something. Which is to think to yourself when taking in any information. Writing right now continues to be difficult, but this is all about learning, improving, and becoming a better person in the end.

Jakob Linder's avatar
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