The volatility in stocks right now is ‘abnormal,’ says manager of $200 billion pension fund

Christopher Goodney | Bloomberg | Getty Images

Christopher Ailman, chief investment officer of the California State Teachers Retirement System

Investors should be careful as the recent spike in market volatility is far from normal, according to the manager of the California State Teachers’ Retirement System, which has more than $200 billion in assets.

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Jerome Powell, Chairman of the Federal Reserve, speaking at the New York Economic Club on Nov. 28th, 2018.People exit the New York Stock Exchange building along Wall Street in New York City.