Making Sense of Current Markets
If you have been an investor for more than a decade, you might be getting an unsettling sense of deja vu. This current bull market – one of the longest in history – has had relatively little volatility in its nine-year run. But recent weeks have been characterized by big gains followed by bigger, stomach-lurching drops. On last Friday morning the Standard & Poor's 500 Index was down 10 percent from its 52-week high, putting it at least temporarily into an official correction.
