Words may not hurt like sticks and stones, but they can damage your finances.
That’s because words have the power to move markets. Every Federal Reserve speech and earnings call is parsed like a Shakespearean sonnet as investors read between the lines for clues to what could make or break their portfolios.
Watch any financial news broadcast or scroll through social media and you’ll hear a flurry of investing expressions. Many are decades old. These soundbites might seem savvy, but not all the strategies suggested in them stand up to scrutiny in today’s market.
