In today's podcast, Scott Francis looks at how the returns in the 12 months following a 20% or greater fall on share markets have on average seen a 30% rise.  He concludes with 3 basic principles  - (1) markets recover from falls, (2) market movements are very difficult to predict, and (3) returns from share markets have been 7% above inflation through history.  Please click the following link to be taken to this podcast - Market Volatility and 12 Month Returns.