Volatility

Learn how to invest in stocks and bonds, and find quality business investment opportunities. Get the latest investing tips and finance news from leading experts.

It only feels volatile if you’re not an octogenarian: YTD 7 trading days have been up at least 1% and 10 down at least 1%. That ranks third (7+10 / 28 = 60.7%) behind the full year of 1932 (66.1%; 30.6% up and 35.6% down) and 1933 (63.5%; 34.0% up and 29.5% down).

YTD the S&P 500 is down 8.80%, and if the market closes up a bit today (1339.36 vs yesterdays close of 1339.13), we would finally no longer be the worst YTD in history (currently 1957 at -8.79% - but a great wine year) - you take what you can get.

FYI: With AIG’s charge announcement yesterday, the Financials, that are projected to post a $10.9B deficit in Q4 (vs. a gain of $54.2B in Q4 2007) could get worse. Moving forward there is already some estimates / discussions of Q1 charges. Note that the mark-to-market point for many brokerages is February 29 due to their November fiscal, so for them the evaluation is Nov,’07 vs. Feb,’08.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE