Last week was one of the most volatile weeks in the history of the stock market. In my opinion, the cause of these wild swings and the subsequent spike in the VIX has been a loss in confidence in investors. The wild swings we witnessed in the market is proof that three years since a near Armageddon in the financial markets we are far from having an economy that is recovering. There is not a doubt in my mind that we will be in for more volatility in the market because our leaders have been unable to deal with the core issues of a staggering debt and a stagnating economy.
via seekingalpha.com
All in...many months ago...
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