October looms large in U.S. stock market lore. Yet there’s only one way the month lives up to its outsized reputation: It really is particularly volatile. Before I summarize the…
Tag: Opinion
Opinion: What the stock market’s ‘black swan’ index hitting an all-time high tells us
In late June the CBOE’s SKEW Index — a.k.a the “black swan” index — hit an all-time high. That reading was more than 40% higher than its average since 1990,…
Opinion: If inflation is more than transitory, consumer prices and stocks could both keep climbing
Conventional wisdom says that inflation is bad for the stock market. Yet the U.S. stock market this year has remained strong in the face of unexpectedly high inflation. Since mid-May,…