How to prevent sharp market fluctuations from disrupting your financial future?

Jason Zweig of The Wall Street Journal writes in Globes about market volatility following the US midterm elections, advising long-term investors to ignore background noise and stick to a long-term strategy, while analyzing the claim that 'political gridlock is good for markets'.

Jason Zweig, author of 'The Intelligent Investor' column in The Wall Street Journal, writes in Globes about the sharp volatility in markets following the US midterm election results. He describes how energy and oil stocks fell, technology stocks suffered a severe blow, and the Nasdaq lost $2.5 trillion in market value. Zweig calls on long-term investors to ignore background noise and stick to their investment strategy, citing historical examples from September 11, the 2008 financial crisis, and the COVID-19 pandemic. He quotes psychologist Daniel Kahneman on the brain's tendency to draw quick conclusions, and analyzes the claim that 'political gridlock is good for markets' using Dow Jones data from the past 130 years. The conclusion: instead of improvisation, focus on predefined rules and procedures.