- On June 11, equity markets fell sharply, with declines in excess of 5% for the S&P 500 Index and Dow Jones Industrial
Average. - While notable, the magnitude of these moves is rather ordinary and can be expected to occur throughout a long-term
investor’s timeline. - When current conditions are taken into account, they are no surprise either.
Volatility? No Surprise - and Not so Volatile
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June 17, 2020