Stocks’ Worst Week Since March Leaves Fund Managers No Room for Error
- S&P 500 volatility hammering bulls and bears for two months
- ‘People are feeling a little demoralized,’ says Tony Dwyer
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After six weeks of stomach-churning swings, a cry’s gone up from stock pickers: Make it stop.
For the group that bemoaned last year’s one-way market as impossible to trade, it’s no small irony. Life’s only gotten harder since October as the S&P 500 lurches from rally to rout at an alarming rate. So with just three weeks left in the year, many active managers are looking to make up lost ground and say they’d welcome a return of that historical calm.