Every three to five years on average, we have what the media calls a stock market crash, but I prefer to see it as a temporary decline. It is a decline and it is temporary. Cast your mind back and we have had Covid, Brexit, Trump I, the global financial crisis (which was the worst since 1929), the dot-com bubble, the Russian economic crisis, the Asian crisis, Black Monday.
I could go on, but you see the pattern..
Business
Eoin McGee: How do the rich get richer? They run towards the markets when everyone else is running away
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Every three to five years on average, we have what the media calls a stock market crash, but I prefer to see it as a temporary decline.