Volatility Tempests Getting More Common in U.S. Equities
This article is for subscribers only.
Don’t let last week’s rebound fool you, strategists say. More wild days are coming in the stock market.
While calming words from the Federal Reserve were enough to soothe investors this time, sending the Standard & Poor’s 500 Index to its biggest three-day rally since 2011, equity volatility is picking up and upheavals will become more common next year, according to strategists at JPMorgan Chase & Co. and Bank of America Corp. Three weeks into December, the Chicago Board Options Exchange Volatility Index has already risen 99 percent and fallen 30 percent.