A new volatility wave is in its early stages and going long volatility exposure (VXX +5.2%)...

|By:, SA News Editor

A new volatility wave is in its early stages and going long volatility exposure (VXX +5.2%) "will be warranted for several weeks to come," MKM Partners says. Felix Salmon seconds the notion: With probabilities of worst-case scenarios impossible to calculate, "expect to see continued volatility" in global asset markets. VIX spiking +12% as noon approaches.