From the desk of Willie Delwiche.
Volatility is on the rise and some of the reactions we’re seeing are entirely predictable.
For instance, I’ve seen multiple versions of this chart shared in recent weeks:
It claims to show how hard it is to effectively time the market. Advisors and strategists use this to scare investors with a seemingly straightforward message: If you miss just a handful of the best days in the market, your returns will suffer.