The key is to stay focused on the longer term. As Warren Buffett has stated: "The stock market is a device to transfer money from the impatient to the patient." Conditions willultimately improve. Keep calm and carry on.
After a dismal end to last year, global stock markets rebounded in the first quarter making up much of the ground lost in the final quarter of 2018. The underpinnings of this sudden reversal in sentiment are less clear. There appears to be a disconnect between the direction of the stock markets and the direction of the global economies. Economists continue to moderate the outlook for future economic growth. The issues that vexed the markets in 2018 remain and in many cases, those issues have deteriorated even further.