Dec. 28, 2018

On Volatility and Opportunity

After many years of historically calm equity markets, 2018 is providing investors with a stark return to normal. For several years, the calm in the US stock market reached levels only touched occasionally during the boom years of the 1990s and late 2000s. The chart below tracks VIX, a measure of S&P equity market volatility, since 1990. The lines illustrate both last year’s historically low levels of volatility and this year’s relatively normal levels of elevated volatility. Read more here

Related

2025 Q2 Quarterly Macro Review

Q2 casts doubt on Private Equity’s peak-era momentum, as thinning liquidity reshapes where opportunity lies.

2020 Q3 Economic Review

Biltmore Family Office provides a broad overview of the current investment landscape. Each quarter, we dig deeper into a particular topic, worthy of your attention.

2025 Q1 Quarterly Macro Review

Q1 signals broad disruption as Trump targets government, trade, and more.