– The “volatility index”, which shows the market’s expectation of 30-day volatility gained 120% last week, “the biggest week in history”.
– “The big picture is you have to find a company you like and don’t try to chase the market”.
– Speaks about Wall Street’s wild past week, and the oil market and the drop in prices to $40 per barrel.
About Michael Gianaris
New York State Senator Michael Gianaris was elected to the State Senate in 2010 after serving in the State Assembly for ten years. The Senator is the Chair of the New York State Democratic Senate Campaign Committee, and oversees all committee activities. Senator Gianaris is a leading reformer. The Senator’s career in public service began as an aide to Congressman Thomas Manton, and he later served as Governor Mario Cuomo’s Queens County Regional Representative. Until his election to the Assembly in 2000, he served as a Counsel to the Speaker of the Assembly.
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