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It's well-known that some of the biggest and best bounces occur in the worst markets, thanks to poor positioning. But here's the problem that traders can face.
Let's look at just how much lower we can go, how much higher rates can rise and what's flying in the U.K. and Japan.
The daily swings in the key index haven't been nearly as wild as they were 14 years ago, although most of the volatility back then came in the fourth quarter.