Earnings season has sparked a comeback in a once-hot trade that was left for dead
|02/11/2019||Posted by BusinessMediaguide.Com under General World News||
- The short-volatility trade is back, at least for a while, according to a strategist at JPMorgan.
- The firm says the comeback stems from the minimal reaction Wall Street has had to disappointing corporate earnings over the past few weeks.
- Investors made huge bets against volatility in 2017 as levels of market turmoil remained historically low, but some of those bets blew up in spectacular fashion a year ago.
- JPMorgan equity derivatives strategist Shawn Quigg says there are other factors that are likely to put downard pressure on volatility over the longer term.
A once-wildly popular trade that failed in spectacular fashion one year ago read more >>>