US vol experts hint at calm before storm in markets
Many buy-siders believe today’s relative tranquility in equities masks underlying fragility
The mostly tranquil mood in US equities markets over recent months may conceal a persistent fragility, volatility experts at several investment managers have warned.
Buy-siders speaking to Risk.net point to several factors that they believe illustrate nervousness among investors.
Volatility of volatility, a common metric of market instability, remains low. However, an arguably more revealing
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