Quiet financial markets should arouse suspicion.

That's the gist of a recent strain of thinking and research on low volatility, some of which has begun to filter into regulatory policy discussions about systemic risk. The concern extends beyond the prospect that tranquility might indicate complacency.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.