Hedge Funds Aggressively Shorting VIX Shouldn't Ring Alarm Bells
- ‘More nuanced’ picture shows ETPs near record long: BofA
- No relationship between net VIX position and S&P returns: MRA
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Hedge funds shorting stock volatility en masse is the latest canary in the coal mine for those fretting dovish central banks are setting the stage for the next market blow-up.
Not so fast, says a growing chorus of Wall Street voices.