The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California.
Hosted by Madeleine Brand
Airs

Volatility means we live in a topsy-turvy world




Traders work in the oil options pit on the floor of the New York Mercantile Exchange take advantage of volatile markets; oil prices rose in the wake of reports that joblessness was decreasing.
Traders work in the oil options pit on the floor of the New York Mercantile Exchange take advantage of volatile markets; oil prices rose in the wake of reports that joblessness was decreasing.
Mario Tama/Getty Images

Listen to story

05:26
Download this story 2.0MB

The stock market drops hundreds of points one day, and rises hundreds of points the next. A political candidate comes out of nowhere, soars to the top of the polls and then tumbles. A movie has a big opening weekend, and then drops off charts. All common occurrences in 2011 America. And all examples of volatility. Our steady and dependable Steve Proffitt has some thoughts about it. He says fears, uncertainty and doubts have created a new normal in volatility.