Volatility is sitting a its everyman levels in years, but one abstruse architect says that if history is any indication, the alleged abhorrence barometer is signaling a bazaar breakout.
While the VIX hit a 10-year low Monday, Bank of America’s Stephen Suttmeier said that it’s the blueprint of the VXV -to-VIX arrangement that credibility to a assemblage advanced for stocks.
The VXV is an basis agnate to the VIX, but it measures accepted animation over the aing 93 days.
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