Days of Market Vertigo Giving VIX Calls Air of Prescience
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It’s the consensus view of options analysts that day-to-day turbulence in the U.S. stock market will increase this year after falling since 2011. So far, nothing’s happened to prove them wrong.
Deutsche Bank AG became at least the fourth major bank telling equity derivatives clients to prepare for more frequent bouts of volatility as the bull market in the Standard & Poor’s 500 Index approaches its seventh year. Already, daily swings in the S&P 500 have widened more than 50 percent in the past month from last year’s average through Dec. 5, Bloomberg data show.