Fashbacks To Financial Crisis?
Markets around the world have been grappling with historically low volatility for some time now.
According to Societe Generale, they're finally due for a reckoning.
The situation has gotten so tenuous it's reminding the firm of the period leading up to the most recent financial crisis.
Stock market volatility was at low levels similar to those seen today back in February 2007.
Presaging a market peak that came about eight months later, price swings picked up in subsequent months before the S&P 500 plunged a whopping 52%..