RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Speculators Have Never Been This Short VIX (As Volatility Hits Record Low) Mon May 22, 2017 6:44 pm | |
| This is not how it's supposed to work...
"Buy low, Sell high" they say. But in the new normal of risk-parity strategies, momentum igniters, and trend-following CTA flows, its "Buy high, buy more higher... and never sell until you're forced to liquidate"
Amid the longest period of low volatility complacency in US stock market history, which saw realized volatility and VIX (expectations for future volatility) collapse to near-record lows...
http://www.zerohedge.com/news/2017-05-21/speculators-have-never-been-short-vix-volatility-hits-record-low |
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