VIX vs. VStoxx: A New Normal in U.S.-European Volatility?

The video discusses the current market conditions, highlighting concerns about cyclical stocks and potential economic slowdown. It analyzes the volatility market, noting the lack of panic in short and long-dated volatility. The discussion includes equity performance, with a focus on deleveraging strategies over hedging. Historical comparisons with 2011 and 2015 are made to provide insights into current market dynamics. The video concludes with an analysis of current market dynamics, emphasizing the underperformance of key stocks and the role of active managers.

In what ways does the current market behavior differ from the events of February?

What factors are contributing to the underperformance of active managers in the current market?