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The good news is economies across the globe are starting to reopen, suggesting that some activity will begin to recover compared to the full lockdown experienced in April. However, will there be a price to be paid for the easing of restrictions?Hopefully not, but when looking at how investors traded the VIX last week they seem to be expecting some turbulence ahead. Often referred to as the fear gauge, the index climbed 14% last week to settle around 32 in the biggest upside move since late March. Futures on the index also moved higher with July contracts rising 6.5% and closing the week... Read More

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