"During a brutal summer stretch, the S&P crashes into bear-market territory amidst widespread investor panic [that a] double-dip recession is on the horizon."
If you thought that quote was summarizing today's market, it's not. That's the sentiment from last summer, and investors who jumped in at that time did quite well. With a record earnings season fueled by American companies seeing record profits abroad, don't let hysterics get the best of you.
I stopped by the local Fox affiliate in Washington, D.C., to discuss the recent market sell-off. To watch my visit, where I discuss record corporate earnings and what investors should do next, simply click on the video below: