Vol strategies when bonds fail to act as safe haven in this turbulent market.
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Today's slide deck: https://bit.ly/3kE3ZR1 - Today we look at yesterday's ugly deleveraging move in Europe and the US on the new Covid-19 lockdowns and point out how "safe haven" bonds are not providing any offsetting safe haven premium and where traders might look for long volatility strategies for protection. Also a look into the FX, oil and gold moves yesterday and a preview of the big four US megacaps reporting today after the close of trading. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.