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A new bull market in stocks? Thank the VIX, says Fundstrat's Tom Lee

Por: MarketWatch Politics June 09, 2023

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“The VIX impact is the least appreciated. Our work from December 2022 shows that in last 30 years, post-negative equity year (2022), when VIX is down [year-over-year], the median gain is 22%,” Lee said in a Friday morning note to clients (see chart below). Fundstrat The VIX’s role is larger than the impact from moves in the U.S. dollar, earnings per share or even bond yields, Lee said. “VIX trajectory, in other words, was the single... + full article



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