Volatility is exploding almost everywhere... except where most equity investors are looking.
Too Calm?Volatility is rising almost everywhere except where most equity investors are looking. FX, bond and EM volatility have all moved sharply higher, yet the VIX continues to price a remarkably benign outlook. Several cross-asset signals suggest that complacency may be misplaced.JPY and the VIX
Markets are behaving as if volatility has been abolished. Meanwhile, bond vol is exploding, implied correlations remain…
The market's most dangerous signal isn't the VIX.
The market is acting calm. VIX seasonality says it may not stay that way for long.
Have you seen the VXN/VIX chart?
VIX call-to-put open interest ratio hits 2026 highs as investors hedge against volatility despite S&P 500 near record levels.…
...low VIX implies smooth sailing ahead, while a record-low implied correlation suggests the market could be at risk.
