It took less than a day to debunk the mantra that markets are in an era of low volatility. As the shockwaves ripple out from this week’s ructions, another truism — that investors should “buy the dip” — faces scrutiny.
金融市場正處于低波動性時代的說法只用了不到一天時間就被戳破了。隨著沖擊波從本周的股市動蕩中蔓延開來，另一項被奉為圭臬的說法——投資者應“逢低買入”(buy the dip)——也面臨考驗。
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