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Volatility | September 14, 2017

Posted on September 14, 2017

Market volatility is still in parity across long and short-term horizons, but is still generally below long term averages. We think the absence of a large jump in volatility is supportive of riskier assets such as stocks and credit. Market volatility is an indicator of financial stress. Low or declining volatility environments may indicate favorable […]

Volatility | September 8, 2017

Posted on September 8, 2017

Volatility among many asset classes is starting to approach long term average levels. Barring any significant jump in risk, market volatility doesn’t yet signal a possibility for a major decline. As we have mentioned in other comments, it is prudent to take a more defensive position but this is likely just part of seasonal weakness. […]