Sunday, December 13, 2015

VOLATILITY WATCH

We've always been a bit amused to see how much investors love volatility when it's to the upside. When it appears in any other direction, choppy or straight to the down side, it becomes a MSM topic and something onerous if not outright sinister.

But volatility is inherent in the definition of markets. At the very least it's implied or should be. You know, sorta like the concept of marriage. Now that the Fed's set to crank up the old interest rate cycle and the market's exposed its skittish underside once again with the Dow Friday off 300 or so points, the volatility bugs are out in force warning investors like it's something new.

It ain't. But here's a sample from Reuters.

http://www.reuters.com/article/us-usa-stocks-weekahead



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