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Be an Alpha Warrior: Don’t buy into the recession hype

Today's Financial News - Posted August 21, 2008

“Frequent news stories about financial doom tend to bring on the, ‘Yikes, we’re all gonna die!’ response. Even in people who should know better.” — John Carlton

Blogger’s note: Ah, fear mongering, it’s an age-old tradition in the mainstream media. And there’s nothing the media likes more than a good recession to talk about. Afterall, a recession affects everyone in the population, which means a whole lot of people to scare into buying a newspaper or watching a newscast. But don’t let the recession hype make you crawl into a hole with your Wall Street Journal subscription and your TV tuned to CNBC.

John Carlton of Early to Rise gave his readers a few pointers on how to survive a recession as a business owner. But his advice also applies to investors interested in treating the current economic situation as an opportunity instead of a trial to be born. Read on below to learn more.

by John Carlton

Baltimore — (TFN): Has the looming recession got you scared yet?

The mainstream media sure hopes so. Sells more newspapers, boosts cable ratings on CNN and Fox and MSNBC, makes the populace hyper-aware (like jittery squirrels gathering nuts in a dog park), and gives advertisers a tidy little narrative to help position their products.

An audience with frayed nerves is an audience paying attention. They like that.

Entrepreneurs and small-biz owners can be especially vulnerable to economic downturns. Or even talk of an economic downturn. Frequent news stories about financial doom tend to bring on the “Yikes, we’re all gonna die!” response. Even in people who should know better. Read on to learn more.

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Posted by TFN-US · Filed Under US Stocks and Markets 

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One Response to “Be an Alpha Warrior: Don’t buy into the recession hype”

  • Philip Says:
    May 15th, 2009 at 7:13 am

    Yes. Please stop the Hype people or nobody will buy anything! lol.

    everyone’s going to think they need to conserve and not spend money lol

    haven’t seen any fewer sales yet but it can happen

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