Not exact matches
Our research suggests that breaks to a high -
volatility regime rarely occur without the economic expansion coming to an
end.
For anyone holding an electronically traded product (ETP) tracking the inverse of the VIX index, the
end of the low
volatility regime that was 2017 obliterated their allocated positions.
Many assume central bankers are aware unwinding QE could
end the low -
volatility regime and will act to protect the «new normal».
It is impossible to pinpoint when the low -
volatility regime will
end, but as Howard Marks stressed in an Oaktree client letter last week: «It's better to turn cautious too soon... than too late after the downslide has begun.»
As Artemis Capital's Chris Cole has said about the
end of the low -
volatility regime, February's VIX tantrum was likely «just an appetizer».