Volatility Appears to Be the ‘New’ New Normal
Over the past few weeks, we have been witnessing a significant change in the financial landscape in the United States. During this time, we have seen the stock market come down from its recently achieved historic highs. As the price of stocks has decreased, the value of investors' portfolios, and 401K accounts, have been impacted.
Whether this is a short-term or a long-term phenomenon remains to be seen.
The reality is that the rapid run-up in market valuations since the election in 2016 occurred much faster than is normal, and therefore the likelihood of a correction has been anticipated for some time.
What had not been anticipated, or widely understood is the swiftness…
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