On market volatility in 2008.

AuthorRees, Matthew
PositionEconomic and market volatility

"The markets have become incredibly volatile, especially since Lehman Brothers sank into bankruptcy in September. Since then, the S&P has moved more than 5 percent in either direction on eighteen days. There were only seventeen such days in the previous fifty-three years, according to calculations by Howard Silverblatt, an index...

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