Editorial companion

What stands out

On Fox Business's The Claman Countdown, Cetera Chief Investment Officer Gene Goldman likened market panics to a John Hughes high school drama, and the image sticks because it captures how much of price action is social theater. Goldman’s metaphor matters because it shifts the frame from arcane mechanics to human behavior: gossip, status shifts, and contagious fear move markets faster than neat spreadsheets do. For investors who remember the last panic, that’s a useful reminder that emotion, not new information, often sets the plot.