(Bloomberg) — How can traders in the equity market be so sanguine when economic tumult on the order of a depression is blaring all around them? Possibly because they expected even worse.That’s one takeaway from data compiled by Charles Schwab Corp. on the brokerage’s most active clients, which shows almost 60% were bracing for volatility to rise in the second quarter. Dread is a natural emotion when things are falling apart, but that’s an awfully pessimistic take considering the first three months of the year saw equity turbulence surpass levels seen in the 2008 financial crisis.“Nobody knows what to expect …read more
Source:: Yahoo Finance
