Dave Jilek is the chief investment strategist at $9.6 billion Gateway Investment Advisers.
None of the risk factors is new or unknown by any means, but they still signal uncertainty ahead. Specifically, top of mind for investors are concerns over the smooth and speedy"The vaccine roll-out has been slower than expected," Jilek said. "That contrasts with the significant market rally that occurred in mid-November when approval of the vaccines was announced."
Jilek is not the only one to have pointed out what the VIX futures have been trying to tell investors lately.