One Bank Spots An “Amber Warning Sign” Inside The Vol Complex

In a time when record low volatility has spawned a cottage industry of vol and Vix experts, with analysts desperate to explain either why volatility is where it is – here the simplest explanation is not only the record injection of liquidity by central banks pushing risk assets to all time highs but the fact that even hedge funds appear to have thrown in the towel on alpha-generation and are barely trading, as shown last week..

This post was published at Zero Hedge on May 27, 2017.