I have a beginner's question.
I have never followed the market so I only know the very basics of how it works. In the past 2-3 weeks, as I've been following the market more closely, one thing I wonder is how did we get to this place.
My understanding is, that as general rule the market is always up in the long term. Once the crisis is over, in this case Corona, everything will more less get back to normal.
So why do people panic? Are most trades on the market not long term positions and they create the volatility?