Stock Market Volatility Brings Change To Hedge Fund Performance List As Bearish Odey Tops List

As 2018 edges to a close, investing oddities abound amid a degree of normality in the recent volatility. This can be seen in stock market statistics as well as the HSBC Hedge Weekly performance report, which itself is loaded with anomalies that come amid meaningful market declines.

While December’s volatility might seem harsh in the moment, compared to previous stock market declines, the average daily price change of near 1% pales in comparison to the 3% daily move during the fall of 1929 or the more than 2% moves bookending Black Monday of 1987.[1] While significant negative price movements are nothing uncommon relative to past declines – the S&P 500 lost near 35% in two months during the...