Recent Market Decline: Extraordinarily Ordinary

The stock market has been tumbling lately, which means that dramatic media headlines are roiling investor sentiment far and wide. As a result, recency bias threatens to overwhelm otherwise rational minds. To be fair, October looks pretty grim and the latest market rout could roll on… or not. But before you let your emotional demons take over all your decisions, take a moment to consider the historical perspective, which tends to be overlooked in times like these.