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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.
The past couple months have seen the return of volatility in markets, with the S&P 500 jumping 1 percent last Monday and then falling more than 3 percent on Tuesday alone. On this edition of Odd Lots, we speak to Chris Cole, the founder of Artemis Capital Management and a long-time watcher of volatility. Cole has argued that a lot of the investment strategies we take for granted in markets essentially amount to a giant bet that volatility will remain low. So what happens when vol starts to come back? And how much of the market will be vulnerable? We discuss.
To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net
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