Wednesday, 3 April 2013

Wall Street Oasis - Investment Banking & Finance Community: Is Volatility Back?

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Is Volatility Back?
Apr 3rd 2013, 23:00

volatility

Today was the worst day on the financial markets for about 5 weeks, coupled with an incredibly good day (for no apparent reason yesterday). March was a very boring month in terms of market movements and April has certainly gotten off to an interesting start.

When you look at some of the recent moves in the context of

  • North Korea being the angry kid on the aeroplane who's mother wont give him any sweets so he threatens to be sick on purpose;
  • Europe seemingly blowing up again in the form of reverse bank robbery
  • some extremely poor economic data from around the world and
  • a very high negative-to-positive guidance ratio from companies before earnings season

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