Insights
September 2023 Market Recap
10/06/2023
Market Recap
The S&P 500® Index returned -3.27% in the third quarter of 2023 with monthly returns of 3.21%, -1.59% and -4.77% for July, August and September, ...
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August 2023 Volatility Briefing
09/12/2023
Quick Takes
Implied volatility, as measured by the Cboe® Volatility Index (the VIX®), averaged 15.85 in August. Consistent with its typical relationship, average implied volatility exceeded realized ...
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Protection For Less
09/11/2023
Market Perspective
Higher Rates Lower Protection CostsInterest rates resumed their climb in August, after a reprieve in July, shifting the yield curve higher. For perspective, the 2-Year ...
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August 2023 Market Recap
09/08/2023
Market Recap
After a five-month winning streak, the S&P 500® Index declined 1.59% in August. A surprise downgrade of U.S. credit by Fitch Ratings, a credit rating ...
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July 2023 Volatility Briefing
08/18/2023
Quick Takes
Implied volatility, as measured by the Cboe® Volatility Index (the VIX®), averaged 13.93 in July. Consistent with its typical relationship, average implied volatility exceeded realized ...
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