Posted on January 19, 2026 by Nevil Speer
Source: Farm Progress. The original article is posted here.
That impacts how we view and think about the world. It’s difficult to not be distracted by all that, especially when it’s getting reinforced day after day. The negative repetition can shape our worldview. We begin to believe that everything is worse today than it was yesterday and, subsequently, there’s not much hope for the future.
That sways our decision-making. It leads to the trap of emotion and pessimism – and thus, we fail to remain objective about the long run. We just simply react to the (negative) news of today.
Morgan Housel, author of The Psychology of Money , recently discussed some of those ideas on Barry Ritholtz’s podcast ( Masters in Business ). Ultimately, Housel challenges us to get out of the pessimism trap and rise above the noise with a longer-run view of the world: