It's Not The Everything Bubble, It's The Global Short Volatility Bubble
@zerohedge -

Two weeks ago, we discussed the recent report from Artemis Capital Management, “Volatility and the Alchemy of Risk – Reflexivity in the Shadows of Black Monday 1987”, authored by Christopher Cole. See “In the Shadows Of Black Monday – “Volatility Isn’t Broken…The Market Is”. The full report can be accessed here.

Perhaps because we posted it on a weekend, we feel that this must read report – one of the best reports we’ve read in years - has not received the profile it deserves. We think that it’s...

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