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‘Low for longer’? Low market volatility could be new normal

Published 08/10/2017, 07:02 AM
Updated 08/10/2017, 07:02 AM

Investing.com - The historic low in volatility in US stock markets could be here to stay
That is according to Richard Turnill, chief investment strategist at BlackRock
Turnill looked at data on market volatility spanning more than a century
He found that historical volatility does not settle around a long-term average
Instead, it is often low for long and sometimes high
Volatility in US equity markets is at its lowest since at least 1927
The S&P 500 is on pace for 60 straight closes without a move of 1% or more

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