Fire in a Crowded Theater
By Bob Veres Yesterday’s market declines — the Dow down 3.15%; the S&P 500 down 3.29%; and tech stocks, as represented by the Nasdaq index, off 4.08% — were entirely within the normal range of mini corrections, which we’ve experienced numerous times since March 9, 2009. But they represent an interesting test of character for […]
Read ArticleA Sea of Tranquility — Not!
Last year, stocks marched higher with only minor pullbacks. When the year ended, the largest peak-to-trough decline for the S&P 500 Index was just under 3%. It was a year that lacked turbulence and rewarded diversified investors. Since the beginning of February, volatility has returned. It’s a reminder that periods of relative tranquility don’t last […]
Read ArticleDon’t Sweat the Headlines
Volatility Can be Managed In last month’s market commentary, we talked about looking past scary headlines. It’s easy to say when stocks are holding up or moving higher, but a jarring correction may create uneasiness. We are reminded of a comment by John Bogle, retired CEO and founder of the mutual fund giant, The Vanguard […]
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