Are Stocks Really More Volatile Now?

The sometimes erratic movements of the stock market can wreak havoc on our emotions - and, perhaps more important, those of our clients. It's hard to forget the 37% plunge of 2008, or the flash crash of May 6, 2010. Almost two years ago, during the four days beginning on Aug. 8, 2011, the S&P 500 changed by an average of 5.1% each day.

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