Panic Selling, Investor Psychology, and Why Contrarians Are the Biggest Winners
August 21, 2018 at 03:02 AM EDT
So far, 2018 has seen some dramatic panic selling across almost all financial markets. Metals have tanked. Stocks have become volatile and have declined about 10% from all-time highs. The bond market has taken a hit as central banks have begun slowly raising interest rates (for now). And the total market cap of all cryptocurrencies [...]