August 2011 Market Brief | MitonOptimal Portfolio Management (CI) Limited

August 2011 Market Brief

Welcome to the Market Brief from the Investment Department of Argyll Investment Services Limited our monthly brief discusses the highs and lows across the market.

“Sell in May and go away” will be ringing in the ears of many following the most tumultuous market price action since the darkest days of 2008.  Worries of a slowdown in global growth and continued fears over the Eurozone debt crisis were the principal reasons behind the volatility and this looks set to continue for some time to come.  The VIX index (which measures implied volatility on S&P 500 options) shot up to levels last seen during 2010; however it remains significantly lower than its peak of 79.13 in October 2008 . To read more >>> Market Brief - August 2011

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