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While volatility has increased sharply, share returns in rich countries have only sunk lower.
The trouble is that while volatility is down, so are stock prices.
And the yen could strengthen further for specious or sound reasons, while volatility has been extreme since the earthquake hit.
B7 BUSINESS DAY C1-14 Looking Ahead to 2004 Almost every stock went up in 2003 while volatility plunged.
While volatility rose this week, it remains well below where it was last year following the Flash Crash and concerns about Greece.
While volatility is the primary reason to exercise patience in the drafting of closers, another is that it looks like a particularly deep group this year.
Similar(44)
But the lack of disclosure and the absence of standard prices also meant that derivatives increased risk and volatility, while also making companies dangerously intertwined in the event of a crisis.
Again, I wanted to amuse myself during the summer lull and while market volatility keeps capital markets transactions to a minimum.
In other words, while crazy volatility may be great for traders (who live for the chance to make two per cent a day), it's lousy for the rest of us, and for the economy as a whole.
Inherent in Engle's autoregressive conditional heteroskedasticity (known as ARCH) model was the concept that, while most volatility is embedded in random error, its variance depends on previously realized random errors, with large errors being followed by large errors and small by small.
Alas, they could not even agree on what it was they had agreed upon.This G7 communiqué differed from the one issued after the group's meeting in Dubai last September only in saying that more flexibility is desirable for currencies that currently "lack such flexibility", while "excess volatility" was undesirable.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com