NEW YORK--([ BUSINESS WIRE ])--Wall Street Webcasting presentsexclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC). Gordon discusses the US market, the issues influencing asset managers, and Europeas economic crisis.
"low levels of implied volatility in both fixed income and equity markets present an opportunity to hedge tail risk"
The latest economic releases show a slowdown of growth in the US. The April payrolls number will determine if the US has come to an economic standstill. The last few weeks have shown low trading volumes and attractiveness to bonds over stocks. Gordon thinks that alow levels of implied volatility in both fixed income and equity markets present an opportunity to hedge tail riska and he sites that the MBS has widened over the past month.
Meanwhile, Europe is still fighting for an economic recovery, but shows no sign of improvement. As mentioned in the video, France looks to be on the verge of a new government that may be too far left, Spainas unemployment rate grew to 25%, and the Dutch economy has collapsed.
Please visit the following link to view the video: