MacroVoices #352 David Rosenberg: This Bear Market Has A Long Way To Go
Macro Voices
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Vega Hedge
The key, actually, I think is the fact that right now we are at multi month lows of volatility right along the bottom of the range. And so it is actually a particularly interesting time. It's not that volatility is super cheap or there isn't Vega risk, but it is, at least from a volatility perspective, some of the cheapest conditions we've seen in many months.
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