The Trader 

Markets hate uncertainty

The Trader

Trotted out again and again by talking heads and half-baked analysts, the phrase "markets hate uncertainty" is total tosh. Uncertainty is not optional, it is a fact of life, comes in many guises and more often than not creeps up unexpectedly. Volatile prices in financial markets are blamed on this so-called uncertainty, tend to be feared, and are ‘not a good thing’, says conventional wisdom. So how do money managers feel when, over the past year, some markets have been subdued?

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