Today has been an absolute gift for headline writers and news reporters - World Markets Plunge, Recession Fears Spark Biggest Share Fall Since 9/11. They may as well be done with it and tell us the end of the world is nigh.
Ok, so the falls we've seen have been pretty substantial - especially as they've not been confined to the West and have spread out to Asia and the emerging markets. But does the average investor out there really need to panic?