NEW YORK (August 9, 2018) –
So far this year, the U.S. stock market has been a financial roller coaster that has continued into summer. It has not been unusual to see the Dow swing in both directions by hundreds of points. At the conclusion of the first quarter, the S&P 500 had already seen 23 days with one percent movements. That is nearly three times the number of days this occurred in all of 2017. It appears volatility has become the new norm. Surprisingly, even with that significant increase in fluctuations, one-third of Americans (37%) characterized the financial markets during the first few months of 2018 as stable, according to a telephone survey in April of 1,014 U.S. adults conducted by The Harris Poll for the American Institute of CPAs (AICPA).
