Here's What's Driving the Most Volatile Markets We've Seen Since 2016
April 09, 2018 at 05:00 AM EDT
The legendary Jack Bogle, founder of Vanguard Investments, gave an interview to CNBC last week in which he said, "I have never seen a market this volatile to this extent in my career... I've seen two 50-percent declines, I've seen a 25-percent decline in one day, and I've never seen anything like this before." The "father" of passive index investing is, of course, talking about the powerful whipsawing on the Dow Jones Industrial Average and the much broader S&P 500; sharp, triple-digit declines followed by sharp, triple-digit rallies what seems like every other day or so. It makes sense that an investor like Bogle - a passive investor - is less than thrilled by all the action lately. And as we'll see, he's off-base in his comments. But even nimble, active players are watching this and asking, "What's going on?" Money Morning Capital Wave Strategist Shah Gilani is here to let us know precisely that and, even better, what needs to happen for us to go higher from here. Here he is... Tags: market crash To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Here's What's Driving the Most Volatile Markets We've Seen Since 2016 appeared first on Money Morning - We Make Investing Profitable .