This year has been a rough one for the stock markets.
In 2022 stock market volatility, which is measured by looking at how often stocks move more than 1%, either way, within a day, happened 90% of the time!
The last time the market was this volatile was in 2008 — during the Great Recession and global financial crisis.
What causes this volatility? And most importantly, what can you do about it?
Let’s unpack.
What’s been happening to the stock markets lately?
As expected, 2022 has been quite a tumultuous year for the stock market, to say the least.
As LPL Financial Portfolio Strategist George Smith puts it:
“The stock markets this year have felt like a rollercoaster, so it’s no surprise that the data shows it has been one of the toughest and most volatile on record.”
According to Smith, the S&P 500 Index closed in the green just 45% of the time this year – the lowest since 2002.
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