‘If You See A Vol. Spike, Try To Kill It, Ok? It’s Not A Pet.’

Who wants to talk some more about the low vol. regime? Why, everybody of course! That's the "great" thing about persistently suppressed vol. - if nothing is moving, the only thing to talk about is why. This has been parsed to the point of absurdity. Unless your name is Aleksandar Kocic, there is virtually no chance that you have anything new to add to the discussion. But again, until cross-asset vol. picks up, we have to keep talking about the fact that it's suppressed because if we don't, we