Pssssst
Hey! Over here. It’s me, Captain Obvious. I’m one of Grumpus Maximus’s many alter egos. Kind of like that guy from the movie Glass, but all good, no beasts. Don’t tell him, but I snagged the keyboard when he wasn’t looking. I wanted to let everyone know that stock market volatility is back. You already knew that? Of course you did, that’s why I’m called Captain Obvious. What you may not have noticed is that the volatility is spreading. It’s in the bond market now as well as the stock market. Even the U.S. housing market is starting to tremble in certain places.
I told GM that he should’ve written about volatility months ago, but he said too many Financial Independence (FI) bloggers were already writing about it. Plus, he hadn’t taken the time to determine if volatility posed any kind of risk to people’s pensions, or the pension funds that back them. I suspect he was just being lazy. Either that or too busy with his retirement plans to care about all three of his loyal readers. Well, I’m here to tell you that I finally convinced him to research the issue and write a post. Just remember that, when you leave your comments at the bottom of the page. Captain Obvious, out!