{"id":460,"date":"2016-08-27T17:37:38","date_gmt":"2016-08-27T21:37:38","guid":{"rendered":"http:\/\/amosnewcombe.info\/wordpress\/?p=460"},"modified":"2016-08-27T17:41:11","modified_gmt":"2016-08-27T21:41:11","slug":"the-wall-of-worry","status":"publish","type":"post","link":"https:\/\/amosnewcombe.info\/wordpress\/2016\/08\/27\/the-wall-of-worry\/","title":{"rendered":"The Wall of Worry"},"content":{"rendered":"<p>As the market bump along near all-time highs, people are spooked. Trump spooks them. Clinton spooks them. Brexit spooks them. China spooks them. The Fed spooks them. Rich P\/E&#8217;s spook them. There&#8217;s plenty of spooks out there. It is the classic <a href=\"http:\/\/www.investopedia.com\/terms\/w\/wallofworry.asp\" target=\"_blank\">wall of worry<\/a>.<\/p>\n<p>However, as the link notes,<\/p>\n<blockquote cite=\"http:\/\/www.investopedia.com\/terms\/w\/wallofworry.asp\"><p>a continued advance is much less certain if the wall of worry forms near a major market peak, in which case a subsequent decline is more likely<\/p><\/blockquote>\n<p>So we will see. I will go with the conventional wisdom for now, and say the markets will climb this wall of worry, and that this is a good time to be looking for stocks.<\/p>\n<p>Note too that by definition, after a major market peak, stocks fall and the wall of worry breaks down. But how long did it run before that point? Maybe we&#8217;re 10-20% away from that major market peak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the market bump along near all-time highs, people are spooked. Trump spooks them. Clinton spooks them. Brexit spooks them. China spooks them. The Fed spooks them. Rich P\/E&#8217;s spook them. There&#8217;s plenty of spooks out there. It is the &hellip; <a href=\"https:\/\/amosnewcombe.info\/wordpress\/2016\/08\/27\/the-wall-of-worry\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[265],"tags":[269,268],"class_list":["post-460","post","type-post","status-publish","format-standard","hentry","category-market-diary","tag-investopedia","tag-wall-of-worry"],"geo":null,"_links":{"self":[{"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/posts\/460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/comments?post=460"}],"version-history":[{"count":4,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/posts\/460\/revisions"}],"predecessor-version":[{"id":464,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/posts\/460\/revisions\/464"}],"wp:attachment":[{"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/media?parent=460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/categories?post=460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amosnewcombe.info\/wordpress\/wp-json\/wp\/v2\/tags?post=460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}