In other words, most of the time, it pays to bet on volatility staying low.
换句话说,多数时候,赌波动率保持较低水平是要付出代价的。
Staying low, I think, is the actual way of being in tune with everything as it is.
保持低位,我认为,是与万物同处一道的实际方式。
That is why last month's troubles in Europe are also cause for Banks to cheer, as is the Federal Reserve's broken record that rates are staying low for an "extended period".
正因如此,上月欧洲出现的问题让银行业欢呼雀跃,而美联储(Fed)破纪录地宣布将“在长时间内”维持较低利率也让它们欣喜。
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