Facing Volatility

It was one of the scariest days Wall Street had seen. On March 16, 2020, the Dow Jones Industrial Average dropped nearly 3,000 points—the largest single-day point decline in stock market history. This report explains how, for those invested primarily in fixed-income securities, March 16 was just another day they didn’t have to worry if a stock market drop would jeopardize their plans for retirement.

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