The public equity markets so far in 2020 can be described in one word: volatile. The year began with an emerging pandemic which altered how we live, work, and invest. Now, we face upcoming ...

The CBOE Volatility Index came on the scene in the 1990s as a way for investors to track expected risk in the market going forward. We found that, on average, the market overestimated volatility by ...

Volatility is a fascinating topic primarily because change is constant, but the rate of change is not. This year has been fraught with adjustments in capital markets. The most significant changes have ...