Associated Press
- By multiple measures, the stock market is the calmest it's been since the end of 2021.
- JPMorgan quant guru Marko Kolanovic says the equity market is far too placid right now, considering all the headwinds it's facing.
- He says technical factors are suppressing volatility in the face of rising rates, credit tightening, and macro risks.
The stock market is awfully quiet right now. Perhaps too quiet.
Price swings are muted no matter how you look at them. On a forward 30-day basis — something measured by the VIX, which is commonly referred to as the stock market's fear gauge — traders are expecting the lowest volatility in more than two years. On an actual realized basis, the past 30 days have also been the most placid since 2021.