The S&P500 reached a high of 2014 on September 22, then plunged almost 10% in three weeks before regaining 100 points in less than a week. The wild ride was replicated in the US Treasury market, where yields (which every Wall Street economist had told us were on an upward trajectory) plummeted to 1.6% from 2.6% in a three-week period.
This resurgence of volatility could have been a good opportunity to make money if you had called the trend correctly.
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