Understanding Market Volatility
Market volatility refers to the rapid and significant price changes in the financial markets. For many, this can be a source of worry, especially when the market takes a hit, like the recent drop of the S&P 500 by over 6%. However, it's important to remember that volatility is a normal part of investing. As Mark Hackett, head of investment research for Nationwide, points out, "This is what an emotion-driven market looks like."
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