The investment strategist highlights that in the long term, the market reverts back to its normal course and remains largely unaffected by elections.
According to head strategist Scott Minerd, political chaos will ultimately create a buying opportunity but this is no place for investors to relax.
If these options traders are right, Treasuries could face a sharp reversal. Leveraged investors have never had a bigger bet on losses in bond futures.
Rock-bottom yields are making it harder than ever for pensions, endowments and other money managers to hit the targets they need to meet their goals.