Some countries have low daily volatility and high tail risk, such as Germany, Chile and Taiwan.

Other countries have high daily volatility and high tail risk, such as Myanmar.

Yet other countries have high daily volatility and low(er) tail risk, such as the United States.

Low volatility and low tail risk? Switzerland comes to mind.

Reply to this note

Please Login to reply.

Discussion

Iceland? Unless the volcanoes count as tail risk.

What's a tail risk?