Nice detailed post. I don’t know much about the credit market so appreciate your insights there. On the equity side, kinda unbelievable that VIX is as low as it is already. Wonder if folks look back to how quick the last major pullback recovered in 2020 and didn’t want to bid up vol even as equity markets quickly recovered in the second half.
Nice detailed post. I don’t know much about the credit market so appreciate your insights there. On the equity side, kinda unbelievable that VIX is as low as it is already. Wonder if folks look back to how quick the last major pullback recovered in 2020 and didn’t want to bid up vol even as equity markets quickly recovered in the second half.
great, thank you!