Milliman FRM Insight: February 6, 2018 market update

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By Joe Becker | 06 February 2018
The S&P 500 roared out of the gate in January, having returned 21.8% in 2017 amidst exceptionally low volatility. After closing at an all-time high on January 26, and up 7.6% month-to-date, the rally was abruptly interrupted. On February 2, the VIX closed at its highest level since the Brexit vote in June 2016.