Volatility: Proudly Made In The U.S.A.

Volatility: Proudly Made In The U.S.A.

Like the President of the United States, I like to "speak with myself," on the important issues and that's because "I have a very good brain and I’ve said a lot of things." One of the "things" I've "said" is that volatility in 2018 has been to a great extent confined to equities and when it comes to equity vol., this year's uptick has been in some sense a U.S.-centric phenomenon. Now to be clear, I'm not the only one who has said that. Lots of folks have elaborated on those points and they h
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