For the third time since the end of the financial crisis, market volatility is soaring at the same time the Federal Reserve walks away from a stimulus program. Just a week after the steepest price swings since 2011, turbulence shot up again yesterday, with the Dow Jones Industrial Average (INDU) moving 450 points and Treasuries posting the biggest rally in five years. Gauges of stock volatility have doubled in the past month and a Bank of America Corp. index that tracks swings in equities, Treasuries, currencies and commodities has risen to the highest level in 13 months. For all the rationales given for the market’s ... (full story)