Famous Quant Warns Of ‘Rude Awakening’ In ‘Coming Vol Flare-Ups’

"Bonds imply a recession." So said JPMorgan analysts led by Marko Kolanovic, who's maintaining a modest Overweight in bonds and cash, set against an Underweight in risk. As most readers are doubtlessly aware, markets and the Fed aren't aligned on the odds of rate cuts in 2023. Simply put: Markets suspect the odds are elevated and the Fed insists the odds are de minimis. That juxtaposition is a product of disagreement between policymakers and traders on recession probabilities. On that front t

You need a PLUS account to view this content. Try one month of PLUS for FREE.

Try PLUS for free

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 thoughts on “Famous Quant Warns Of ‘Rude Awakening’ In ‘Coming Vol Flare-Ups’

  1. I don’t know why but I find the whole Vol suppression infuriating. Price discovery seems dead. It is what it is.

  2. The fact that investors (as opposed to speculators) now have to focus on the impact of 0DTE on the VIX speaks to what a casino financial markets have become. We’re all gamers & gamblers now.

NEWSROOM crewneck & prints