How the Spike in Volatility Punctured the "Short Vol" Trade

For many investors, it’s pretty unsettling to hear that the market’s “fear gauge” is suddenly on a tear. But that’s what happened over the past week. That fear gauge, formally known as the VIX[i], rose almost 300% in three trading days, signaling an end to the market calm...

Source: Loomis Sayles Blog - LandScape
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