The week in markets - divergence in focus
Beyond Markets
00:00
The Divergence Between the VEX and the Moving NEX
Richard Tang, Chinese strategist and head of research in Hong Kong for Bangju Square. The VEX indicates the equity market volatility while the move NEX indicates the rate market volatility. Government bond investors are now pricing an early end to the rate high cycle,. Even though that the fat set such probability is low. He says large cap growth stocks have definitely run too far most recently.
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