Economics
JPMorgan Has a Surprisingly Simple Theory for Low Volatility
- Low level of economic surprises, fewer active investors
- Leverage among individual U.S. investors is still "extreme"
Trump, U.K. Election Risks Shaken Off by Markets
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A slew of terrorist attacks in Europe, geopolitical strife from the Middle East to Asia, U.S. policy uncertainty.
Investors have conjured up myriad theories to make sense of historic lows in market volatility across asset classes despite such strong headwinds, citing everything from soaring assets in passively-managed vehicles to the rise of social media.