Volatility – VIX and U.S. Election The historical trend of the VIX spiking before U.S. elections and then rapidly declining afterward can be attributed to heightened uncertainty and investor fear in the lead-up to the elections. Image: Morgan Stanley Research
Average Monthly Volatility for U.S. Election Years Since 1928 The historical pattern of the VIX rising before U.S. elections and then rapidly plunging afterward is attributed to increased uncertainty and investor fear leading up to the elections. Image: BofA US Equity & Quant Strategy
Gold Annualized Returns and Volatility While gold has had periods of significant growth and can serve as a hedge against inflation, historical data suggests that equities have generally outperformed gold over the long term. Image: J.P. Morgan
Volatility Divergence – VIX vs. MOVE The divergence between VIX and MOVE presents unique challenges and opportunities for market participants, reflecting different expectations and perceptions of risk in the equity and bond markets. Image: BofA Global Research
S&P 500 Realized Volatility During Recession During recessions, there is often increased uncertainty and risk aversion among investors, which can lead to higher levels of volatility in the U.S. stock market. Image: BofA Global Research
Volatility – VIX/MOVE Ratio The VIX/MOVE ratio is still falling. Image: The Daily Shot
Would You Rather Be Long or Short S&P 500 Volatility at the Moment? 73% of JPM clients prefer to be long S&P 500 volatility right now. Image: J.P. Morgan
Gold – Beta of USD/xxx to Equity Market Volatility Related to Government Spending Gold has been a very good hedge against debt ceiling worries in the past. Image: Deutsche Bank
Equity Market Volatility Related to Uncertainty over Government Spending Equity market volatility may spike when the debt ceiling is under discussion. Image: Deutsche Bank
S&P 500 Realized Volatility Around Previous Recession Start U.S. equity volatility looks attractive. Image: J.P. Morgan
Volatility – S&P 500 vs. 12-Month Count of Daily Changes of -1% or Lower Is this the end of the bear market, as volatility has peaked? Image: Topdown Charts