Human nature has remained unchanged throughout time & places.
No pattern is taking place in financial markets right now that hasn’t happened before & won’t happen again.
History repeats itself in financial markets. If you take a look at all the market peaks & troughs throughout history you’ll see one common thing: investor psychology has not changed!
A lot of people look at market downturns with negativity. It should be the opposite! It’s a good thing, as every crisis brings opportunity. I call these crises “discount season in the stock market.”
Take the Russian war in Ukraine for example. It’s shown similar implications as past wars have on financial markets. Or the Covid-19 pandemic, when stocks plummeted all around the world but then regained these losses & then some! We even saw the unthinkable when oil prices turned negative in April 2020, & eventually returned to normal prices when the effects of the pandemic started to fade.
If you look at the Egyptian stock market you’ll find that stock prices are well below their fair values. This is exactly the time to buy! But make sure you pick out solid companies.
You must study the past to predict the future.
* This article was not written by Thndr and does not constitute investment advice. You should do your own research before making investment decisions.
