Markets are down, but these charts explain why investors shouldn't panic

What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market madness is inevitable, cyclical and should give investors a potential buying opportunity.

But unfortunately this downswing doesn't appear to be the devil we know.

Markets are contending with inflation rates at 40-year highs, Russia's invasion of Ukraine, supply chain kinks and food shortages, rising interest rates, widespread predictions of a recession and former Fed leaders openly questioning the actions of the current regime.