Last Friday, we hosted Colin Ireland, Senior Research Strategist of State Street Global Advisors, to discuss his observations of the volatility experienced by global markets at the beginning of February.
The last week has been a very quick reversal of a nearly 14-month upswing in the global markets. Yesterday, in particular, was a wake-up call that markets are not always tame and conducive to making money. We offer below some answers to questions we have received and hope that they help. We continue to monitor the environment and will do our best to preserve our clients’ hard-earned savings.
The market has been on an upswing that has lasted longer than any time period in history without a 5% correction. 422 days when the average is typically about 200 days. The