Kineo Capital Insights

Investors are underestimating both the duration and magnitude of the current high-volatility regime (HVR) and bear market based on the history of prior cycles. Active risk management is needed to…

Investors are once again fixated on volatility and are pondering both the potential peak for VIX amidst the developing shock and magnitude of the related equity market drawdown. Given this…

Kineo Capital intends to periodically share its thoughts on financial markets and volatility. Here, we discuss the cyclicality of volatility, its relevance amidst the current shock and implications going forward.…

We’ve previously outlined three broad trends likely to persist this year and suggested ways for Barron’s readers to trade them. Each trend—based on diverging central-bank policies, the wax and wane…

The first half of 2014 was relatively uneventful for investors, but the second half may be different. With volatility across asset classes, and countries at multiyear and, in some cases,…

The low-Volatility environment for U.S. equities has lulled many investors into complacency. As a result, they’ve ignored some of the most elemental options strategies, including hedging and overwriting. Combined, these…

It’s been said that you can never have too much of a good thing. Perhaps, but with U.S. equities approaching five years of gains since the secular low of March…

U.S. equity volatility is likely to remain structurally low in 2014, following the playbook I laid out for 2013. This suggests an environment that will reward fundamentally oriented investors as…

The U.S. equity volatility cycle is in the early stages of a new, less turbulent regime. This period is likely to see the allure of alpha return as the risk-on/risk-off…