Market calm is at odds with mounting concerns on the part of investors and asset managers, particularly in Europe. Photo:
Opinion
Opinion
The View by Nicholas Spiro
The ‘extraordinary calm’ in markets... is cause for worry
Wall Street’s so-called ‘fear gauge’, or Volatility Index, currently stands at just 12.3 points, close to the record low of below 10 touched before the global financial crisis
Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.