Key Takeaways

• Equity markets are enjoying a backdrop of extremely low volatility, supported by decelerating inflation, the prospect of less restrictive monetary policy, enthusiasm over artificial intelligence, and resilient corporate earnings and economic growth.

• Periods of low implied volatility have historically produced above-average equity market returns. Since 1990, the S&P 500 has generated six- and 12-month respective returns of 8.8% and 13.6% after the CBOE Volatility Index (VIX) closed within its first quintile group (below 13.21).

• However, seasonal VIX trends and rising expectations for in

The Texas Stock Exchange (TXSE) is saddling up as a new electronic stock exchange to be located in Dallas. Underpinned by a significant investment of $120 million from industry heavyweights like BlackRock and Citadel Securities, the TXSE aims to shake up the status quo and provide another competitive alternative to the globally recognized New York Stock Exchange (NYSE) and NASDAQ. 

A Fresh Perspective 

The TXSE intends to bring a fresh perspective to the world of finance, capitalizing on the growing dissatisfaction among companies with escalating compliance costs and regulatory burdens associated with listing on th

With a Federal Reserve (Fed) meeting, a Bank of Japan (BOJ) meeting, two very important inflation reports, and nearly $120 billion of new Treasury securities auctioned — last week was quite the week for markets. And while the Fed meeting was supposed to get top billing, it turned out the inflation data stole the show. In fact, at least for the Treasury market, it’s been the economic data that has had the largest impact on changing bond prices/yields. But with economic data released daily, that has meant the volatility in the Treasury market has been dizzying lately. So, what should bond investors do during this period of heightened

Indian Prime Minister Narendra Modi’s recent victory in the national elections  was muted at best. While he secured a rare third term in the nation’s highest office, his decisive legislative supermajority failed to materialize. Modi has made revitalizing the Indian economy and increasing foreign direct investment (FDI) a cornerstone of his pro-business platform. With markets adjusting to the unexpected outcome and new legislative circumstances, he and his party now pursue cementing the economic gains generated in his earlier terms, to ensure India continues making strides towards a modern capitalist economy that includes the