The stats in this article from BlackRock won’t surprise you, but they are still remarkable:
(1) the S&P 500’s annualized volatility was 6.7% in 2017, vs the historical average of nearly 3x that (15%). This was the 2nd lowest vol on record.
(2) 2017 was the first year in history where the S&P rose in every single month.
A calm, steady stock market that rises more than 20%: It literally does not get better than this.
For me the lesson is not to be lulled into thinking stocks will behave this way forever. They won’t.
Submitted January 05, 2018 at 11:13AM by DrTralfamador541 http://ift.tt/2quXI2v
