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[Tuff-Stuff]

The Risk Forecast for 2014
Geoff Considine, Ph.D.
January 7, 2014

It’s the time of year when market pundits take to the notoriously difficult task of forecasting returns. Volatility is equally important, however, and it can be predicted much more reliably than asset-class performance. My forecast shows that the options market is underestimating risk in 2014, giving investors an opportunity to purchase portfolio protection at attractive prices.

Full http://advisorperspectives.com/newsletters14/The_Risk_Forecast_for_2014.php