14.02.2017 • 13:00 GMT
Volatility Offers the Better Complacency Contrarian Reading
John Kicklighter
• By many metrics, the market has pushed the reach for yield to unsustainable levels
• Benchmarks like the S&P 500 can continue to rise to ever greater extremes on yeild reach but volatility has limits
• Beyond extreme lows in volatility measures, a 'flattening of the activity curve' reflects more than negligence