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Market has been in a much more volatile situation in 2018 as compare to 2017 and the latest political & economic issues face by Italy is making the market looks more risky. Italy has been a problematic state among EU countries for many years. It ranks among the countries with the largest debt—around 2.3 trillion euros—and has been facing a double-digit unemployment rate since 2012.
Growing tension in Korean Peninsula and potential trade war between US – China and US – Europe , no doubt has contributed to recent market volatility.
I am sure market will continue to be volatile and bumpy for the rest of the year , one will need to have long term view in your investment horizon and maintain a diversify portfolio as well as asset allocation, also having some war-chest ready to take advantage in case market really turn into crisis mode ......