“Market volatility is like someone riding up an escalator playing with a yo-yo. The yo-yo goes up and down like the stock market. But it doesn’t prevent the yo-yo from eventually reaching the next level.”
That analogy I learned years ago in an interview with a financial professional still resonates with me today.
We know market volatility fluctuates in response to industrial, political, regulatory, and economic developments or setbacks. Surely, we’ve had no lack of such news since the COVID-19 pandemic rattled the world.