As Low Volatility Booms Investors Wonder If Elation Will Last
- Market’s most stable stocks hit record amid defensive trade
- Near-term danger mitigated by lack of overlap with momentum
UBS's Emanuel Seeks Market Signs of 2% U.S. Growth
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The low volatility trade is back. Cue the panic.
Typically sleepy stocks have been wide awake lately. The two most popular low volatility exchange-traded funds posted record highs every day this week and are outperforming the S&P 500 Index. And a version of low volatility used by most equity quants is headed toward its best stretch since last summer.