European Covid-19 Tracking Update

On Tuesday the situation in Italy consolidated with growth in net active cases for Italy as a whole staying low at 3% (Monday 2%). Despite this we expect the recovery to strengthen significantly over the coming days, which should bring Italy to a peak this week. In Germany, as anticipated, net active cases returned to…...

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Shall We Resume The Retest: Bear Markets 2.0

It was a rather volatile day for traders Tuesday, which “turned” out to live up to its “trade name”, Turn Around Tuesday. From Monday’s exuberance to Tuesday’s doldrums, implied volatility rolled lower despite the rather outsized level of intraday, realized volatility in the market as gauged by the total movement in the S&P 500 (SPX).…