A Big Source Of Systematic Stock-Buying Is Back. Will It Matter?

This'll seem a bit repetitious to some readers, but it's worth another mention: Vol control strategies have only just begun to add back risk exposures purged during this month's growth scare. I've been over this several times in recent days, and while I don't want to belabor the point, trailing realized is starting to roll over, and that's the crux of the issue. Have a look at the figure below, which shows both 10-day and one-month rVol. The shorter lookback already collapsed. But one-month