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Ep. 1159: Three Outside the Box with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Risk of Volatility in the Market
When observed volatility is low, investors start taking more risks. Investors may think that the risk in the underlying market instruments has gone down. But it's just that there's a period of lower than average volatility,. It's likely to pop back up at a moment's notice. That's the market disruption I'm concerned about.
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