Don't Sweat the Volatility. It's Time for Risk, Cantor Advises
- Still too early for sell-off to ‘take on a life of its own’
- Volatility in stocks hasn’t spread to other assets: Cantor
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It’s time to take on risk in U.S. equities, Cantor Fitzgerald says.
Index volatility is signaling more concern than actually exists in the market because it’s been boosted by purchases to close out short-volatility positions, Cantor strategists led by Peter Cecchini wrote in a note on Tuesday titled “It’s Time to Re-Engage Risk.” And the jump in interest rates that contributed to the turmoil last quarter has faded for now.