, and experts are left speculating whether the market will enter an extended bear market or if the economy will fall into a recession. First things first: Don't panic. No matter how tempting it is to cash in your investments, that's probablyInvestors have always said to stay the course in times of uncertainty, and history has shown that markets will eventually rebound. The adage that slow and steady wins the race is true., on average, for markets to recover from a correction.
Statistics show that you can't time the market. Even the most experienced brokers who spend all day, every day, analyzing investment funds can't predict when the market will swing high or low. To weather the storm that COVID-19 has brought to the US, stick to your current financial strategy.use market volatility to your advantage
The market will recover, but not all accounts will.
This isn't just a correction, as some sectors will stay down at a new low as the dust settles, and for some, we may not see that for a while. Was just research Cruise Ship Builders, can't even imagine what they're going to do.
I would not call this a 'correction'
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