Market Perspective

Market shocks come in all sizes and flavors. Sometimes they are a bolt out of the blue with no immediate identifiable trigger, like the flash ...

Volatility markets began to reflect possible election-year uncertainty in January. As the chart below shows, the VIX® futures contracts expiring near key election dates priced in ...

Implied volatility moderated in 2019, after spending much of 2017 at or near record lows and experiencing extreme highs during two volatility spikes in 2018. ...

What is the role of low-volatility investments – such as option writing strategies – if equity market volatility persists at the levels seen in November? ...

A quick check of recent bond market returns seems to indicate that all is well in the bond market. With the Bloomberg Barclays U.S. Aggregate ...

Are the July and September Federal Fund rate cuts and renewed expansion of the Federal Reserve (the Fed) balance sheet signs that the policies led ...

Like May, August was another month when both VIX® and the bond market flashed different signals. Should investors prepare for Fed disappointment? Download: August 2019 ...

July was a month of waiting… on the Federal Reserve and more. Leading up to the Fed’s July 31 meeting, markets were tranquil with volatility ...

Stock and bond markets, along with the economy, were stronger in the first half of 2019 than many predicted. The Fed’s dovish shift helped support ...

VIX® and the bond market flashed opposite signals during May’s equity market drawdown. Or did they? Download: May 2019 Market Perspective