Wall Street wags sometimes refer to a correction as a “yield rally.” But for many people, particularly those who are relatively new to the stock market, August’s sharp drop in prices was nothing to crack wise about.

Right now, many advisors are having conversations with investors to assure them that the world has not ended, despite increased volatility and screaming headlines about major drops in the Dow. The mischievous term “yield rally” does not reassure. Yet, it does contain a kernel of truth.

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