Volatility is considered the most exact measure of risk as well as by extension of return its other side. The higher the volatility the larger the risk - and also the reward. That unpredictability increases in the cross over from bull to bear markets seems to help this pet concept. But how to are the reason for surging volatility inside plummeting bourses At the depths of the bear cycle volatility and threat increase while results evaporate - perhaps taking short-selling into account. The...