A Rational Approach to Market Volatility

January 2019  By: JOEL GOODMAN, CFA, ALEX MORRIS, CFA, MBA

Through the first nine months of the year, it looked like 2018 would be another pleasant year for investors. The S&P 500 climbed more than 7% in the third quarter, pushing the year to date return for the index above 10%. But those gains – and then some – evaporated in the fourth quarter, with…

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