Inevitably, when the market dips people will panic. Unfortunately, media coverage in this situation can inflate people’s anxiety with sensationalist reporting. It is essential to remember that market dips are an inevitable part of investing and the market cycle.
This year, we have seen a great deal of turbulence in the share market. After falling sharply in mid-June, share markets experienced a brief window of recovery in mid-August reversing half of their declines.
Economists are commenting on whether Australia may or may not have a recession next year.