This calendar shows the key dates institutional investors should be aware of during 2024, particularly if they plan to implement large changes to their portfolio.
Days with the potential for elevated risk are colored in orange, while days with the potential for reduced liquidity are colored in blue.
Russell Investments has identified elevated risk dates when new significant information will be released into the market. This can create volatility as investors incorporate this information into asset prices. We believe institutional investors should be aware of these scheduled announcements when developing timelines for implementation.
While market behavior is impossible to predict, we believe there are some days we can identify in advance each quarter that have the potential for elevated market volatility or reduced liquidity.
For instance, there is often increased risk on the days surrounding central-bank policy meetings and monthly inflation data, as well as on the days when large banks and big tech companies release quarterly earnings reports and forward guidance.
Reduced liquidity, on the other hand, is typically observed around national or global holidays or celebrations – especially during the end-of-the-year holidays in late December.
Ultimately, we believe this tool can help investors plan better and set expectations with stakeholders.
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Lisa Schneider, CFA
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Head of Client Solutions
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