Market Turbulence and Contrarian Trends: A Comprehensive Analysis

Market Turbulence and Contrarian Trends emerged as defining themes in the dynamic world of financial markets during the week ending May 6th, 2024, primarily influenced by hedging flows. This turbulence was vividly reflected in notable variations in implied volatility gauges, such as the VIX and the XVIX, posing challenges in deciphering the underlying market sentiment.