After a volatile few weeks in which stocks fell over 12% from their May highs, we’ve seen a moderate rebound and some semblance of calm. Historically markets have been resilient following other market pullbacks of over 5%, and the S&P 500 has been positive in 80% of the calendar years since 1980. Source: JP Morgan Asset Management
Click HERE to see footnotes and disclosures from JP Morgan.
Colleen Harvey, CFA Portfolio Manager The information contained in this blog is general in nature and is intended for informational purposes only. Furthermore, this information should not be construed as a buy or sell recommendation. All expressed opinions are subject to change without notice. Because the facts and circumstances surrounding each investor’s situation differ, you should consult your financial advisor before taking any action based on this information.