Q: The VIX continues to climb.Do you see this as a signal to buy start buying beaten down stocks such as WSP or others?
5i Research Answer:
The VIX is climbing, but we have not really seen the 'spike' up in it typically a stronger buying signal. But we may not. The War could simply grind on without a giant panic sell off or come to a 'quick' resolution. Regardless, we think slowly picking away at this stage makes sense.