As of Thursday afternoon, CBOE's VIX volatility index for the S&P 500 sits at 25.79, and on Thursday morning, it spiked as high as 29—a level not seen since 2012 and more than twice what it was at the beginning of this month.
Meanwhile, equities of almost every flavor have seen their share of losses in the past week, the most notable exceptions being companies that produce Tyvek suits to avoid infectious diseases. Their stock—for obvious reasons—has risen tremendously.
Beyond everyone nervously
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails