Introduction
Monday was an enlightening day with the S&P 500 falling 7.6%, real estate falling 4% to 5%, corporate bonds falling 0.8% to 2%, and gold was not much protection. Tuesday was a choppy day with the S&P 500 rising 4.9%. As I conclude this article, Wednesday stock futures appear set to continue the roller-coaster ride. Granted, coronavirus and oil price wars are serious matters, but in my opinion, high frequency trading is a major contributor to the recent volatility.
Last month, I wrote, Developing A Low-Risk Vanguard Portfolio For This High-Risk Environment which built