Five things you need to know about this week's market crash

Giant market declines like the one we had on Monday are simply a fact of market life, but it was a bit unusual, compared with others

However sad it may be for investors, giant market declines like the one we had on Monday are simply a fact of market life. If there were no big down days, then there would be no equity premium, and stocks simply would not provide superior returns. The very bad days, then, are effectively part of the…

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