According to Abraham Lincoln “An Eastern monarch once charged his wise men to invent him a sentence, to be ever in view, and which should be true and appropriate in all times and situations. They presented him the words: “And this, too, shall pass.”” Lincoln commented on the beauty of these words, “How much it expresses! How chastening in the hour of pride! How consoling in the depths of affliction!”

What a wonderful sentiment and how relevant to all of us as investors. “This too shall pass” might just be the perfect way to think about the wild market gyrations of the past few months.

I don’t think that the volatile markets experienced at the end of 2018 have passed just yet but you could be forgiven for thinking that they have.