Market Update February 9, 2018 – Volatility Returns
Here are some observations given the tumultuous week in equities and the surge in volatility. If you recall, we pointed out in our last three quarterly commentaries (which are archived under our blog at www.stokescapitaladvisors.com) that volatility had dropped to levels that were abnormal and not sustainable. Indeed, we witnessed 15 consecutive positive monthly returns on the S&P 500 and logged 24 consecutive months without a 5% decline or more.
