A month ago we advised against putting too much emphasis on traditional means of forecasting and measuring risk, and to keep an open mind into 2021.
The wild events of last week only bolster this perspective. The S&P 500 achieved a new all-time high during Tuesday’s session. The next day VIX was testing 40, and 23.5 billion shares were traded, the highest volume day recorded since 2008.
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Grant Wilson is Executive Chair of Tivan Limited, a critical minerals company with major project status in the Northern Territory. He sits on the Advisory Board of Exante Data, Inc, a macro advisory and data analytics company based in New York. Connect with Grant on Twitter.
