The lack of volatility in 2017 was nearly unprecedented. We witnessed 310 trading days without two consecutive daily pullbacks in the S&P 500 Index of at least 0.5%, according to research from Bespoke Group. The unprecedented streak ended in late January. History tells us we “revert to the mean (average).” Timing such events, however, is nearly impossible. In 2018, the broad-based index of 500 major companies rose or fell by at least 1% sixty-four times versus just eight in 2017…to read more click HERE
The Year Volatility Returned, 2018 Financial Market Summary and Outlook
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