Markets around the world have been grappling with historically low volatility for some time now. And Societe Generale thinks they’re finally due for a reckoning.
In fact, the situation has gotten so untenous that it’s reminding the firm of the period leading up to the most recent financial crisis.
Back in February 2007, stock market volatility was at low levels similar to those seen at present time. Price swings picked up in subsequent months, presaging a market peak that came about eight months later, before the S&P 500 plunged a whopping 52%.
