The Decline of Volatility

Here’s the percent change for the S&P 500 every single day over the last five years. The decline in volatility is rather striking.

I remember back when stock prices used to, you know, change from day to day. Not anymore. The S&P 500 hasn’t had a 2% up day in 11 months.

The Volatility Index ($VIX) is currently just over 13. In March, it dropped to 11.05 intra-day which was the lowest reading in more than six years. I think we could make another new low soon.

Posted by Eddy Elfenbein on August 12th, 2013 at 10:34 am

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