Rarely do we come across such sharp corrections in such a short span of time In the past few weeks, we have witnessed bizarre swings in the stock markets.
Most global markets have fallen between 10% and 30%. We can’t help but feel a sense of déjà vu, because this steep fall is reminiscent of the market crash of 2008.
On 13 March, the Sensex oscillated from -10% to 10% in a matter of hours. All this carnage is attributed to the pint-sized covid-19, which is bringing the world’s largest economies to its knees.
So, what should investors do in situations such as these, which noted economist Nissim Taleb famously called "Black Swan" events?
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