The Madeleine Brand Show for December 2, 2011

Volatility means we live in a topsy-turvy world

Price Of Oil Rises Amid Stock Market Volatility

Mario Tama/Getty Images

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.

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.

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