It sure seemed like a huge reversal in not only the market, but in the VIX index, thus indicating that less volatile times lay ahead. As Wells Fargo raised their dividend and the government continued to pound the table that they will be there as a backstop to credit concerns, volatility may not be as painful for investors in the near future. You can listen to Dan Deming's comments on Bloomberg TV at
http://media.bloomberg.com/bb/avfile/Markets/Vol_Report/vvr7Y9FfIbtQ.mp3
to get a sense of his and other's opinions on the stock market.
http://media.bloomberg.com/bb/avfile/Markets/Vol_Report/vvr7Y9FfIbtQ.mp3
to get a sense of his and other's opinions on the stock market.
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