Pricing the Term Structure of VIX Futures

Mar 17, 2020

∙ Paid

Vol is back with a vengeance. Policy makers don't have the weapons to deal with the shock unleashed by the Corona pandemic. The reason is that all the weapons we do have are either geared to fight demand shortfalls or inflation. We got nothing to fight the massive supply-side disruptions that have been unleashed by the most serious pandemic since the 19…