Welcome To The Calmest Three Weeks In History

Here’s to another record for 2017, as the past 15 trading days have officially marked the calmest stretch in the history of the S&P 500 Index. Per Ryan Detrick, Senior Market Strategist, “As amazing as this is to say, the S&P 500 hasn’t closed more than 30 basis points up or down for a record 15 consecutive days. Even in the face of heightening geopolitical tensions, we are in the midst of the calmest three-week period in history.”

No one expected 2017 to be this calm, but as we discussed in our Midyear Outlook 2017: A Shift in Market Control publication, we don’t expect this tranquility to last forever, and foresee a pickup in volatility over the remainder of the year.



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