The virus is so far from settling down in main streets around the world (actually just getting going in many) that it's hard for me to think that we've hit a market bottom. Maybe you're right though as the shock value wears off.
In any case, here's a question about IVOL that you wrote about some time ago. Given the record volatility we're going through, why is it still just sitting there?
The virus is so far from settling down in main streets around the world (actually just getting going in many) that it's hard for me to think that we've hit a market bottom. Maybe you're right though as the shock value wears off.
In any case, here's a question about IVOL that you wrote about some time ago. Given the record volatility we're going through, why is it still just sitting there?
Ivol needs volatility in the yield curve. And not only that, it owns TIPs - which have been hammered. That TIP holding is what disappointed me. Maybe I should write about it again.
The virus is so far from settling down in main streets around the world (actually just getting going in many) that it's hard for me to think that we've hit a market bottom. Maybe you're right though as the shock value wears off.
In any case, here's a question about IVOL that you wrote about some time ago. Given the record volatility we're going through, why is it still just sitting there?
Ivol needs volatility in the yield curve. And not only that, it owns TIPs - which have been hammered. That TIP holding is what disappointed me. Maybe I should write about it again.
I re-read your RINF suggestion in breakevens yesterday and also started buying