Takeaway from Dow’s Latest Plummet: Hold steady
What triggered Wednesday’s dramatic 800-point drop in the Dow Jones Industrial Average, and what does it mean for investors? Media pundits are firing on all cylinders with various theories, from hand-wringing over tariffs to the onset of global economic recession. While this latest Dow sell-off was significant—and followed another 767-point fall on August 5—I urge investors to resist making knee-jerk changes in their portfolios as a response. Volatile periods are an inevitable part of the ride.