Advisors Option 40: Dealing with Black Swan Events

The Buzz: Today we have special guest Chris Hausman, Senior Trader & Chief Market Technician at Swan Global Investments. Chris is the author of "Do Market Anomalies Occur More Frequently Now?" They discuss: Normal distributions and when models blow up Five- and 10-sigma events What do financial advisors need to look for? How to be prepared Plus, options within IRAs Annuities More data from CBOE regarding Russell 2000 Index related products Office Hours: Listener questions and comments Question from Patrick D. -What is your opinion of volatility ETFs such as VXX? Does it make sense to include them in diversified client portfolio?Perhaps 3%-5%?