Uncertainty is the name of the game; risk premiums are rising – equity markets are see-sawing on the volatile situation. Bond yields are stable, providing some risk protection to balanced investors. And other safe-haven assets like the U.S. dollar and gold are also rallying.
We rely on the weight of history to guide us and temper any knee-jerk reactions. Although memories are short, capital markets have faced these situations many times in the past decades, and they eventually recover.
Take 10 minutes out of your day to read this insightful article by Mackenzie Investments, Brent Joyce (CFA) - Investment Strategist.