His flexibility is what keeps the Grizzlies from imploding on themselves; it swaps Memphis's fits and starts for something vaguely resembling consistency, if only because the lows of those periodic stretches had sunk a tenacious team into volatility.
Now that the run-up has run into volatility on account of foreign debt worries and the possibility of rising interest rates, bargains look harder to find, even rarer if they come with low risk.
We often monitor VIX options activity on sharp pullbacks to see if option traders have availed themselves of the downward move to buy cheaply into volatility-bullish positions that might warn of a new try higher in the VIX.
The London-listed FTSE 250 hedge fund manager Man Group was also dragged into the affair on Monday as it emerged that Li Yifei, the chairman of its China unit, was taken into custody to assist a police inquiry into market volatility.
After Bloomberg News reported that Li Yifei, who runs the UK hedge fund group's Chinese operation, had been taken into custody to help with a police investigation into market volatility, Li's husband, Wang Chaoyong, told the Financial Times (paywall) the Bloomberg article was not accurate.
While the economy has dominated the campaign debate, the issue of immigration is simmering and the exchange on Monday night offered a glimpse into its volatility.
For the last couple of years, Jacob Hacker, a political scientist at Yale, has led a series of studies into economic volatility experienced by American families.
Staying late on the trading floor, and plugging Dale's numbers into standard volatility models, Sullivan quickly understands: if the mortgage-backed securities currently on the company's books, which are heavily leveraged, decline in value by an additional twenty-five per cent, the company's losses will be greater than its total market capitalization.
These models introduce discontinuities, or jumps, into the volatility process.
Another concern she cites is the large stake managers have in technology, which could translate into increased volatility.
With money moving into gold, volatility rising and the dollar making significant gains, there was not a lot waiting to prop up a falling market, Newsom argues.
