Market Behavior

By, 08/17/2011

Market Behavior

Michael Hanson recently posted to his blog, Fisher Investments Investing IQ, about his expectations for the rest of 2011. He opened the post talking about how choppy the markets have been and the fact that big stories both positive and negative haven’t been able to swing the market markedly in one direction or the other. It is true we have seen huge movements, especially recently. Days with swings as big as 5% or more for some indices – in both directions! All of this reminds us that we work in an exciting field. Unless you have a crystal ball (and some supernatural powers to go along with it) you never know what will happen with each market open and close. A lot happens in those short few hours – learning about why and how to approach the next day is the intriguing part of finance study.

Working at Fisher Investments you are exposed to our thoughts on the market. Education is one of the pillars of employee development at the firm. You are given the opportunity to learn as much as you’d like about Fisher Investments’ outlook and thoughts on any given day. I personally have found it a rewarding part of my career at the firm. I have held roles that were very focused on market behavior, watching the fluctuations throughout the day and communicating with others about these changes. I have also held roles that have had little to do with the markets – particularly more operational roles. In both types of positions I was still exposed to Fisher Investments’ market analysis. With these opportunities I have developed a robust knowledge of the markets and a unique way of looking at movements that can at times be surprising to some. I feel empowered when people ask my opinion on market behavior, especially given the recent volatility.