Exchange-traded products tied to volatility were a 'major driver' of Monday's mayhem.
Before the market's sell-off, banks had turned investments linked to volatility into a hot item.
Leuthold Group's Doug Ramsey points to the market's experience in 2007 as a road map.
His Janus Henderson fund fell 0.8% on Monday, the most in a year.
As assets slide, volatility is rising, with the Cboe index breaking above 50 for the first time since 2015.
Credit Suisse to redeem volatility note; more than a dozen other funds have suspended trading
The value of the XIV exchange-traded note plunged more than 80% in late trading Monday
Temperance Partners now owns minority stake in $2.8B Los Angeles RIA.
Possible strategies include combining multiple businesses into a single entity.
Overnight rebound in equities evaporates amid concerns about inflation and rising rates