# Prof. Robert Engle on the volatility of the financial markets

1 Faculty News December 6, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/video/europe-more-dangerous-than-fiscal-cliff-engle-says-Kok9MeyTSz2XXnvxXASk7w.html) -- "When you look at the volatility numbers, what you see is actually very surprising. Volatility has been declining of broad market assets like the S&P and the Dow and so forth in the US but also in Europe."

[Watch the video](http://www.bloomberg.com/video/europe-more-dangerous-than-fiscal-cliff-engle-says-Kok9MeyTSz2XXnvxXASk7w.html)