Spot on summary, especially for new investors! Data is often flawed but even more so in times of economic uncertainty. Throw in the fact that the current impasse is not of primary economic origin but due to a novel respiratory virus and it becomes even more obvious just how inadequate a lot our modelling is! There is never certainty in the markets, only chaos and what meaning we make of it.
Spot on summary, especially for new investors! Data is often flawed but even more so in times of economic uncertainty. Throw in the fact that the current impasse is not of primary economic origin but due to a novel respiratory virus and it becomes even more obvious just how inadequate a lot our modelling is! There is never certainty in the markets, only chaos and what meaning we make of it.