In my guest column in the January 21, 2012 issue of Barron's entitled "The Volatility Illusion", I take the opportunity to discuss why I feel the crowd is deluding itself about the extent of the market's gyrations and why this may have powerful bullish implications for U.S. stocks.
To read the full article, including my three-pronged argument that investor fears about stock market volatility are misplaced (and why fretting about bond market volatility could be a more fruitful activity), click here.
Mid-Caps Nearing a Triple of March 2009 Lows
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