Goldman's David Kostin Explains Lack of Market Volatility

The video discusses the current state of various markets, focusing on the VIX index and its implications for market volatility ahead of the 2016 election. David Kostin from Goldman Sachs provides insights into economic growth, market valuation, and the potential impact of the election on market expectations. The discussion also covers the consequences of prolonged low volatility, including increased financial leverage and market risks.

What factors are contributing to the current low volatility in the markets ahead of the election?

In what ways do corporate repurchases affect market demand and valuation?

How does the market's expectation of the election outcome influence its current trading levels?

What are the implications of low volatility for market behavior and investor actions?

What historical context is provided regarding the market's current valuation levels?