Elevator Down and Jamie Dimon Reads My Blog

I am in New York this week working.

I had a hunch that my post yesterday would get some attention and it sure did. I had some great conversations about it today.

I mentioned that JP Morgan and Goldman’s Sack had been way too quiet on the fintech acquisition front. I laughed today when I saw this headline:

I was in meetings all day and that was a good thing for my brain and business.

I was not following the markets closely the last two days and ‘people are saying’ it was ugly. I don’t look at my accounts during ugly market days. It will only increase my stress level and make me do stupid things.

All of a sudden the S&P is down 3 percent for 2020 and if we had two more days like the last two, the last 12 months of S&P gains would be wiped away.

This tweet from Ramp sums up the markets in 2020.

Everyone is worried about the things they could have easily been worried about 30 days ago.

Let them worry. Worry builds walls to climb.