The President's Gambit

Recapping our outlook notes, The President's Gambit and back-to-work resumes

We will be kicking off the New Year as an early guest on CNBC’s Squawk Box at 6:10 eastern Monday January 4th

S&P 500 realized volatility has fallen to pre-pandemic levels, however implied volatility has remained stubbornly high. The President’s push for changes to the latest round of pandemic fiscal support appears to have damaged the Republican’s chanc…