Two Must-See Charts About the Recent Volatility in Markets

The video discusses recent market volatility, focusing on the S&P 500, VIX, and skew index. Despite a three-week decline in the S&P 500, the VIX and skew index show little movement, puzzling analysts. The skew index's short-term nature suggests investors don't foresee immediate shocks. The ongoing trade war with China and shifting tariff deadlines add uncertainty. Implied volatility has risen, reflecting increased hedging during earnings season, yet it doesn't indicate significant fear in the market.

Discuss the implications of the tariff trade war on market volatility as mentioned in the text.

What does the increase in implied volatility indicate about market expectations?