Monday, January 11, 2016

Guest Post: Volatility is the new black

Think this week's market turmoil was brutal? Get used to it, volatility is the new reality

For global stock markets, it was the worst opening in two decades. The S&P 500, which declined almost six per cent this week, has seen only one worse start to the year since 1929. In Canada, the S&P/TSX Composite Index plunged into a bear market, defined as a 20 per cent or more slide from its…