Volatility
Oil on canvas (24”x36”)
Volatility is a word that describes the variation in prices within a market. Volatility can come from two factors in the human psyche. Greed and fear. Greed forces the market to go up with prices inflated by speculation that assets will continue to go up in value. Value becomes tied with future price and buyers buy in hopes of selling later for a profit. Fear drives markets in the opposite direction. It moves downwards because people sell assets thinking they will go down in price and no one will buy them in the future. Volatility was inspired by The Great Wave off Kanagawa by Hokusai. A lesson to man that you are powerless against nature.
2022
Oil on canvas (24”x36”)
Volatility is a word that describes the variation in prices within a market. Volatility can come from two factors in the human psyche. Greed and fear. Greed forces the market to go up with prices inflated by speculation that assets will continue to go up in value. Value becomes tied with future price and buyers buy in hopes of selling later for a profit. Fear drives markets in the opposite direction. It moves downwards because people sell assets thinking they will go down in price and no one will buy them in the future. Volatility was inspired by The Great Wave off Kanagawa by Hokusai. A lesson to man that you are powerless against nature.
2022
Oil on canvas (24”x36”)
Volatility is a word that describes the variation in prices within a market. Volatility can come from two factors in the human psyche. Greed and fear. Greed forces the market to go up with prices inflated by speculation that assets will continue to go up in value. Value becomes tied with future price and buyers buy in hopes of selling later for a profit. Fear drives markets in the opposite direction. It moves downwards because people sell assets thinking they will go down in price and no one will buy them in the future. Volatility was inspired by The Great Wave off Kanagawa by Hokusai. A lesson to man that you are powerless against nature.
2022
