Declining Liquidity

This article is behind a paywall. But the headline provides the key point: Liquidity of the E-mini S&P 500 futures contracts is shrinking – hit hard after the two volatility shocks …

VIX Implied Volatility is Very Low

VIX has come down from its recent peak. But the real story to me is what’s going on in the VIX options market. In the recent past, whenever VIX shot …

Be Careful What You Wish For

Money managers that hoped for more volatility so as to improve their chances of beating the market appear to have been severely disappointed when the volatility finally arrived. As this …

How Volatile Was 2018 Really?

This chart shows the average move size for the Dow Jones Industrial Average and the S&P Index back as far as 1901 for the Dow and 1928 for the S&P. …

End of Easy Money Leads to Higher Volatility

This article from Reuters talks about how the end of easy money will bring more jolts to the markets. Recent market ‘jolt’ will be first of many as easy money …