觀點股市

What ordinary investors can learn from this week’s market meltdown

Why I won’t even leave the beach for a one-day decline of 12 per cent

Others may be working from home in early August — of course they are. But I have to admit it remains full-on holiday mode in my house and to be honest this week’s tumble turn in markets passed me by at first.

Not unlike the British coverage of the Olympic Games in fact, where record-breaking events occur unseen in the background while television pundits drone on about nothing — emulating my family and friends after a long summer lunch.

So I only learned that Japanese stocks had fallen the most since 1987 the following day, just as I was clueless until the morning that Armand Duplantis had jumped 6.25 metres in the pole vault, thanks to yet another TV montage of some medallist’s “amazing journey”.

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