Markets Are Doing Nothing, and Investors Have Nowhere to Hide
- Demand and prices fall for global equity and currency hedges
- Stock replacements, euro options among protection ideas
Citi's Wieting Sees Strengthening Earnings Calming VIX
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It doesn’t pay to worry about the unprecedented market calm.
As U.S. stocks trade at fresh highs and volatility across assets is so subdued it’s touching near-record lows, hedging seems like a luxury. It’s getting harder to justify coughing up money for cheap protection that ends up seeming overpriced in the face of rare, and quickly reversing, selloffs.