It’s commonly accepted that bad news sells. It’s one reason the media tends to emphasize negative aspects of events rather than positive ones.
Behavioral finance, which studies the effect of psychology on investors and markets, has identified a phenomenon called heuristics.
It’s no secret that emerging countries have the lion’s share of the world’s population. It is less well-known that the productivity of the emerging world is expected to surpass that of developed nations before 2020. (Click on article for important information about risks and benefits).