US political season heating up even as VIX is not

Today's slide deck: bit.ly/3g4hBSg -
Today we look at the quiet finish to the week last week and fresh lows in the VIX as traders seem complacent even as the political season is heating up with the US Democratic Convention this week coming amidst accusations that the Trump administration is trying to sabotage the election by disrupting the postal service. FX, commodities and equity themes all on the call. Today with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy on FX.