Now We’re Talking Volatility
Posted on September 19, 2008 at 01:10 AM EDT
If the gyrations of the equity market today were not enough, we are in a historically unusual situation where 3 of the last five business days have had moves on the S&P 500 of over 4% in absolute terms. Since 1928, how many times has that happened? 69 times. Dig this: So, on average, you make [...]