About a year ago, we were all starting to focus on the Brexit referendum which we ‘knew’ wasn’t going to pass. There were several lessons from the Brexit experience with the top one being do not discount an election until all the votes are counted. This played out again in November, but that’s not what this blog is about. This blog is about how VSTOXX and VIX are behaving in front of the pending French election process.
First, going back to June 2016[...]