VIX Tumbles the Most in Eight Months, Falling 17%

The video discusses the decline in volatility across asset classes, highlighting the impact of the U.S. election on market trends. It explores the potential for a contested election and its implications for market volatility, particularly in December. The discussion also covers year-end factors affecting volatility, such as portfolio repositioning and electoral challenges.

What does the text suggest about the relationship between implied volatility and realized volatility?

According to the text, what are the implications of year-end portfolio repositioning?