Can someone tell me why the stock market is always so volatile? I mean hypothetically speaking what if the vast majority of investors around the world DID NOT PANIC and instead sat tight on their investments? Wouldn't the drop in the markets be vastly minimized instead of dropping so much like it has now?
I just don't get why every little event in the world can cause the markets to go down so easily when if people simple sat tight the mood swings in the markets wouldn't be so huge.
I don't think covid 19 is a little thing, some are calling it a Black Swan, which I think means something very very unexpected (and bad), without looking up the meaning, I think that is what this is ....