How MWS Capital's Shapiro Is Taking Advantage of 'Meandering' Amazon Shares

The video discusses the concept of a bond smile and its relation to risk aversion, analyzing the dip in the Treasury yield curve as a sign of high risk aversion rather than a recession. It also examines the VIX index, highlighting market volatility due to random events like political tweets. Finally, a trade strategy for Amazon is presented, focusing on taking advantage of its stock's range-bound nature.

What factors contribute to the high level of risk aversion observed in the market?

Discuss the implications of a high VIX on investment strategies, particularly in relation to stocks.