U.S. Stocks Close Higher as Investors Flip on Inflation Data

The video discusses the unexpected market rally following the CPI report, despite initial expectations of a sell-off due to higher interest rates and inflation. It explores the role of equity sales traders in navigating market trends, highlighting stories like buybacks and potential dividend increases. The discussion also covers market volatility, with predictions for a choppier 2018 compared to 2017. An analysis of the VIX and RVX spreads illustrates the crowded nature of the short volatility trade, particularly in large-cap stocks, and the existence of thinly traded RVX futures.

What does the text suggest about the volatility in the market for 2018 compared to 2017?

What unusual market behavior was observed during the correction as described in the text?