Greek Crisis causes Market Volatility

By |2015-07-11T14:01:21-04:00July 11th, 2015|Bonds, Markets, Stocks|

Jeff Snider and I often speak of the balance sheet leverage effect in markets. In the modern system, computer models assess the risk of portfolios throughout the industry. One key input to any value at risk model is volatility. If the standard deviation of prices rises, the computer will tell the managers that there is a greater probability of losses [...]