The stock market has taken investors on a wild ride this year, right? Umm, not really. Wall Street's daily price moves have been more akin to kiddie swings than a roller coaster ride.
"I keep hearing that volatility has returned to the market," says Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. "Maybe, if you just started trading."
Why is Silverblatt downplaying what seems like wild ups and downs this year? Because the statistics simply don't back up the thesis that the market is gyrating wildly, at least when compared to history.