Deep Dive: Global Market Stress, Odds of a Brexit

The video discusses the recent impact on global financial markets, focusing on the monthly jobs report and its implications for a June rate increase. Brexit becomes the central focus, with a surge in the Bank of America Merrill Lynch Global Financial Stress Index and increased volatility in equities and treasuries. The video examines the odds of Brexit based on UK betting sites, noting a significant drop in the odds of remaining. It also explores volatility indices like the VIX and Euro STOXX 50, highlighting recent market trends and speculation.

What is the significance of the VIX in relation to market volatility?

What were the odds of remaining in the Brexit vote a week ago compared to now?