MARK BARNES: Hands-on leadership is needed to take on Mr Volatility
Dealing with negative interest rates, record-low oil prices, soaring unemployment but a rallying Dow Jones cannot be left to algorithms
22 April 2020 - 14:13
If you’re looking for logic in the equity markets, you’ve come to the wrong place. In fact, you’ll struggle to find predictability in the commodity or bond markets either.
Volatility is the new sheriff in town. Volatility has no empathy, no bias, no memory, no institutional knowledge, no conscience — just change. It loves rapid, significant change. Volatility thrives on uncertainty and fools — and there are plenty of both of those going around...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.