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October 29, 2018 Blog 1 min read
October is a notoriously volatile month for equity markets, and this year is no exception. Still, the volatility since the beginning of the year isn’t unusual in a historical context. To the contrary, it is much more like a typical year than not.
  • Market dynamics changed in October, and the uptick in volatility has prompted concerns for investors. Despite the recent choppiness in markets, this year has not been abnormal from a volatility perspective.
  • A combination of factors appear to be contributing to the recent risk-off environment. These include growing concerns about growth peaking, higher interest rates, U.S.-China trade tensions, and uncertainty stemming from the upcoming midterm elections.
  • Although the pace of economic growth may have peaked in Q2, most economists expect that the economy has room to grow further, extending the current expansion to 2020 or beyond.
  • While bouts of volatility can create angst for investors, short-term emotions should not drive one’s investment decisions. Creating and adhering to a sound investment plan can not only help weather choppy markets, but can allow investors to take advantage of the opportunities they will present

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