Q2 2020 Market review
Almost as quickly as the market dropped in Q1, the market had a strong rebound in Q2. Though it hasn’t yet reached its prior highs, it covered a lot of lost ground very quickly, especially considering the elevated amount of uncertainty surrounding us. To illustrate just how volatile the stock market has been this year, below are numbers for the CBOE Volatility Index (VIX), which measures volatility for the S&P 500, the higher the number the higher the volatility.
CBOE Volatility Index (VIX)
Year Average High
2020 32.8 82.69
2019 15.39 25.45
2018 16.64 37.32
2017 11.09 16.04
2016 15.83 28.14
In Q2 the US market was up over 22%, international markets were up over 15% and emerging market gained over 18%. Despite low interest rates and a rallying stock market, bonds also made money with domestic bonds up almost 3% and international bonds up close to 2%.
For a detailed Market Overview, click here.
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