U.S. Stock Swings Are Mild Compared With Past Three Years: Chart
Recent moves in U.S. stock prices may have been enough to cause motion sickness.
(Bloomberg) -- Recent moves in U.S. stock prices may have been enough to cause motion sickness, with major indexes swaying from gains to losses and then back again as investors regained their footing following the biggest selloff since 2015. But a look at recent history shows the turbulence hasn’t really been so bad. The S&P 500 Index’s 30-day historical volatility is just about where it was following the Brexit vote in June 2016, and remains well below the levels reached as markets were roiled by China’s currency devaluation and concern that central banks weren’t doing enough to support growth.
To contact the reporter on this story: Richard Richtmyer in New York at rrichtmyer@bloomberg.net.
To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net, Nancy Moran
©2018 Bloomberg L.P.