In the classic movie Ghostbusters, Gozer the Destructor appears in the form of the StayPuft marshmallow man, and the end of humanity is narrowly avoided thanks to the high-risk maneuvers of the ghostbusting adventurers.
In the stock market, the form of the Destructor changes with frightening regularity: For much of last year, it was inflation and rising interest rates. A few weeks ago, it was the social media-manufactured banking crisis.
And now there’s a new Destructor allegedly wreaking havoc on the economy. But all it’s actually doing is giving us a great profit opportunity…
This post originally appeared at Investors Alley.