Hedging returns amid election, earnings, growth, and rate concerns. Cboe Volatility Index surged after Biden quit. Futures, October contracts rose in Asian trading and Hong Kong. Kaiser from Citigroup says Harris maintains policy continuity but adds risk premium due to late nomination change. Traders watch Tesla, Alphabet earnings and Fed rate cut expectations.
Understanding the high EV to MCAP Ratio
The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash