The VIX is expected to remain in a more elevated range compared to last year as analysts at Credit Suisse believe the volatility index will trade between 24 and 48. The VIX is little changed today at 30.51.
“The VIX is expected to stay in a more elevated range compared to last year, bounded approximately between 24 and 48.”
“Above 48 would suggest we are seeing a more worrying rise again, likely as a result of a sharp downturn for the S&P 500.”
“Below 24/23.54 would suggest volatility can return back to the range of the past few years.”
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