What Low Volatility Means to the Market

The video discusses the relationship between VIX and S&P 500, highlighting historical market events and their impact on volatility. It examines current low equity volatility and introduces the global financial stress index, which measures market risk across asset classes. The video concludes with predictions of future volatility events, considering geopolitical factors and the Federal Reserve's influence.

Discuss the significance of the historical data from 1999 and 2000 in relation to current market conditions.

What correlation exists between VIX implied volatility and equity indices over discrete periods of time?

How does the current level of U.S. equity volatility compare to historical levels since 1990?

What does the speaker suggest about the timing of potential shocks to equity volatility?

What are the implications of the low volatility observed in U.S. equities in the context of global financial stress?