In this extraordinary time of political and economic change, which is being fanned by online “fake news”, we need to reflect on being rational to get through this time of extreme uncertainty. Equity markets are fluctuating wildly. The JSE collapsed 35% into March and subsequently recovered, to then decline 11% in the last 3 months and then sharply rebound. Similarly, the Rand/ Dollar spiked to 19 (+33%) and since fluctuated as much as 8% in a few days as it moved down to 15.6.
What do we need to do to be rational and reasonable in this extraordinary time?