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The Tell: Stock-market investors are suffering from ‘post traumatic volatility disorder’, says Credit Suisse analyst

Credit Suisse’s Jonathan Golub says an upsurge in volatility may be feeding on itself, leading to further wobbles in a market that was on the verge of busting higher just weeks ago.

In a research report distributed Monday called “U.S. Equity Strategy: Post Traumatic Volatility Disorder,” Golub says a resurgence of volatility is under way and may take “perhaps 2-3 months” to resolve itself, with one measure, the Cboe Volatility Index VIX, -1.26% trading near its historical average at 19.64 after a weekslong stint of hanging well below its statistical norm.

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