GDP is a key piece of economic data for investors, but its complexity and use of historical trend data has made it increasingly unreliable as a catch-all measure of economic growth.
As an investor, merely recognizing stock market distractions as entertainment rather than information is step one to limiting their negative influence.
The first ingredient to a good decision is clear thinking. Unfortunately for investors, our hardwired thought processes don’t always offer the clarity we need. It’s good to take a deeper look.