Bloomberg Market Wrap 3/12: Pound, Stitch Fix, SKEW Index

The video discusses the impact of Theresa May's Brexit vote loss on the pound, highlighting increased volatility and hedging costs. It then shifts to Stitch Fix's stock surge due to strong earnings and a short squeeze, noting significant hedge fund involvement. Finally, it examines market risks, focusing on the S&P 500, skew index, and VIX, emphasizing the need for investor protection strategies.

What are the implications of the short squeeze observed in Stitch Fix's stock?

What does the skew index indicate about investor sentiment regarding market volatility?