Omigod!

'We're flowing toward the path' similar to time before Great Depression, analyst says

Although the economy has been steady this year, at least one analyst has dire predictions, comparing the current period to the buildup to the Great Depression and warning that this fall is when things will come to a head.Mark Yusko, CEO of Morgan Creek Capital, has been predicting bad news for the economy since January and he is sticking by that, saying Monday on CNBC's "Power Lunch" that he believes too much stimulus and quantitative easing has resulted in a "huge" bubble in U.S. stocks.

Volatility is very low, but has huge alpha on future price. So the one year  can suddenly jump a bit, causes volatility in stock price, futures price becomes shot term unpredictable.  The depression part is the entitlement imbalance, and we have low volatility because  entitlement imbalance is a watched pot.  I dunno how it ends.