Consumer Staples Aren’t All That Safe: Convergex
August 21, 2015 at 15:00 PM EDT
What’s the riskiest sector in the S&P 500. Would you believe consumer staples? Nope, that’s not a typo. According to Nicolas Colas, chief market strategist at Convergex, the supposedly steady-eddie of the market is the standout in the monthly analysis his firm does of implied volatility embedded in the listed options of everything from precious […]