“Fasten Your Seatbelts” – UBS Warns Of “Record Spikes In Volatility” If This Level Breaks
by Tyler Durden
ZeroHedge.com
01/11/2016
“We would be surprised that in this highly leveraged world, in combination with a structural decline in market liquidity, a 7-year cycle decline would just be mild. We think it’s actually just the other way around and in this context we see last year’s rise in volatility as just the start of a period with exceptionally high volatility where we wouldn’t be surprised to see record spikes in volatility over the next 12 to 17 months.”
The Rest…HERE