Two kinds of Fear that drive the markets.

Markets are more driven by fear than hope or intelegence.

The first fear is the fear that drives the markets up and up until they reach their bubble point. It is called the fear of missing out. FOMO

Fear of missing out (FOMO) is the feeling of apprehension that one is either not in the know about or missing out on information, events, experiences, or life decisions that could make one’s life better.

The other fear is the fear that burst bubbles, it is the fear of impending or in process doom. Panic.

Panic is a sudden sensation of fear, which is so strong as to dominate or prevent reason and logical thinking, replacing it with overwhelming feelings of anxiety, uncertainty and frantic agitation consistent with a fight-or-flight reaction. Panic may occur singularly in individuals or manifest suddenly in large groups as mass panic (closely related to herd behavior).

Just something to be aware of.

TEK