Miner Company
Stagflation Fear Drives Widening Volatility Risk Premium
Implied volatilities spiked across asset classes last week as the Iran conflict escalated, with oil prices jumping over 35%. Given the relatively modest SPX index decline of -2% last week, the “expected” VIX index increase was only +2.4 pts.
Implied volatilities spiked across asset classes last week as the Iran conflict escalated, with oil prices jumping over 35%. Given the relatively modest SPX index decline of -2% last week, the “expected” VIX index increase was only +2.4 pts.