It’s human nature to want an explanation for market falls, and for why our investments are worth less today than they were last week. We instinctively want to feel a sense of control. It’s why investors are so susceptible at times likes this to succumb to the temptation to act, or to be taken in by product providers for whom such episodes make perfect selling opportunities. But the truth is that nobody really knows why markets plummeted, or indeed what will happen next. And, for evidence-based investors, it really doesn’t matter.
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