Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.
It's a somber day on Wall Street as we remember the souls lost twelve years ago today.
Alas, my moment of silence was interrupted this morning by a sad reminder that our socioeconomic fabric remains fragile at best. In response to my opening column,
I received a series of tweets with the following messages:
"We will not stop hitting America unless America stops hurting and hit (sic) the Muslims everywhere #September11"
"FBI our toy .. we are not afraid of them, Tell them that al-Qaeda will not make you live in security (sic)"
"You will see things more and more the magnitude of 9/11"
Today is a tough day for a lot of people, myself included. I've measured my years September over September since 2001, one step at a time, as I endured and emerged from PTSD, a prolonged depression, and a profound sense of guilt, wondering how I could feel so bad given that others had lost so much more.
I don't profess to fully understand the impact that fateful day has had on me; recently, I openly wondered if my market perspective was, or perhaps continues to be, skewed by what I saw and felt. It's difficult to know, given the heavy hand of the Federal Reserve agenda,
but I'm an open book in terms of my process and quite aware of the 12 Cognitive Biases That Endanger Investors.
This morning, however, was a detour in the healing process -- a stark reminder that all is not well in our world, and there are people intent on repeating the heinous crimes against humanity that we’re remembering today. Social mood and risk appetites shape financial markets,
we know, or at least they’ve historically shaped free market capitalism.
In terms of the threats above, I spoke to the FBI and forwarded them the content before blocking the user from my account. In today’s digital age, I’m hopeful that there is a footprint that will lead authorities to his or her front door, at which point we’ll see just how scared they actually are. It may be a hoax or a prank, but given my history, I am compelled to err on the side of caution.
May peace be with you.
No positions in stocks mentioned.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at firstname.lastname@example.org.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.