Previous bull runs demonstrate dangers of complacency
Implied equity volatility is low, which seems perverse given the plethora of current uncertainties, risks and threats of nukes, writes John Plender
03 August 2017 - 17:34
The CBOE VIX index of implied equity volatility — the so-called fear gauge — last week hit the lowest point since its inception.
To many, this will seem altogether perverse in the light of a welter of uncertainties hanging over the market.