Sallie's Opinion

Answering your questions about market volatility

Well, the month of May was officially no fun for the markets. Chief Investment Officer Dr. Sylvia Kwan will have a full recap and analysis ready for you in a few days, but in short, the S&P 500 roller-coastered way, wayyyy down — even dipping a toe into bear market territory — before rallying back up and ending the month pretty much exactly where it started.

While there’s of course no way to know what will happen next, chances seem good that things stay bumpy for a while. The CBOE Volatility Index (VIX), a measure of expected stock market volatility (and sometimes called “the market’s fear gauge”), closed yesterday at 26, which is the same as its average for 2022 so far and considered to be high.

While we’re always going to be team keep-calm-and-invest-on, we know that volatility can be stressful. So the Ellevest team just launched a brand-new live event called Ellevest Explains: Market Volatility to help cut through the noise and give you the info you need. Over the course of 30 minutes, Director of Investments Peter Yuen will cover what’s driving volatility, talk about what you should do, and leave time for open Q&A at the end. Anyone can attend, but it’s free for Ellevest members. And the first one’s on Monday.

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Fuel for the fire(s)

•	More and more people are networking their way to their next job opportunity — not in person, but on Slack.
•	One of the hardest parts about setting boundaries at work is the fear that you might be letting people down. But don’t let that stop you; things happen, and your mental health is worth it.
•	After literally 329 years, the final woman convicted of witchcraft in Salem has been pardoned by the state of Massachusetts. All it took was the students in an eighth-grade civics class to get it done.
•	Happy Pride Month! 🌈 Pride is about liberation, not corporate rainbow-washing campaigns, but we’d be remiss if we didn’t also appreciate Laverne Cox becoming the first trans Barbie last week.

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Opinionated: Answering Your Q’s on Volatility

Answering your questions about market volatility

The ins and outs of pet insurance

ICYMI on the Ellevest Magazine 💍

See you tomorrow at 12:30 PM ET?

Fuel for the fire(s)

Invest in the future you want.

This week’s newsletter was brought to you while taking a deep dive into the big blue sea. Forward it to your friends who need more coral reefs and jellies in their day.

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