The Essex Exchange 4th Quarter 2015 – A Year of Uncertainty

2015 was a challenging year for many investors.  Although the broader US markets closed the year largely unchanged, the placidness suggested by the flat returns of the broad indices belies the volatility and stresses experienced throughout the year.  As measured by the S&P 500 Index, the markets experienced a daily move of more than 1% up or down on 72 trading days (nearly 30% of the trading days). The Index peaked for the year during the third week of May and declined more than 12% from this closing high to its closing low on August 25th.

The Essex Exchange 4th Quarter 2015 – A Year of Uncertainty