One Chart Shows All The Ways A Fed Hike Could Create (Fleeting) Bouts Of Volatility

Clearly, pervasive geopolitical turmoil and utter chaos on the domestic policy front are not enough to budge volatility. The disconnect between market-based measures of vol. and the best available means we have for quantifying policy/political uncertainty is the story of the year. The reasons for this disconnect have been documented, discussed, and otherwise debated ad nauseam and you can believe the fixation will continue right up until there's a vol. spike that proves sustainable enough to sa