“Where in the World is This Thing Taking Me!?” – The Wild Ride of the “Shock-Market”
If you have been watching the markets these last few weeks, there is a strong possibility that you could be now suffering from Vertigo, or at the very least a mild nausea.
The volatility and dyslexic nature of the price movements (starting Monday, Aug 8th, the S&P500 was down 6.5%, up 4.7%, down 4.5%, up 4.6%, and up 0.5%), along with the historic rise in the price of gold (now at record highs over $1,800), illustrates the huge levels of anxiety and uncertainty that investors, still licking wounds from two years ago, are faced with.
This article is meant to serve as an explanation to what is happening with the markets, what is likely to happen in the near to middle term, and finally what investors should do about it. […]