Latest news with #ChicagoBoardOptionsExchange
Yahoo
13-05-2025
- Business
- Yahoo
J.S. Held Experts Release Action Plan for Senior Management Teams to Manage Tariff Uncertainty
JERICHO, N.Y., May 13, 2025 /CNW/ -- Global consulting firm J.S. Held published today the first in a multi-part video series designed to help businesses and their investors navigate tariff uncertainty. The three-video Tariffs and Trade Series builds upon intelligence, insights, and action plans shared in J.S. Held's Tariffs and Trade resource center, including: Rapidly changing tariff landscape Stress testing company P&Ls Supply chain diversification Strategic planning in times of uncertainty Stakeholder communication Resilience across geographic markets Despite the deal reached between the US and China reducing tariffs for 90 days, management teams around the world continue to closely follow the Chicago Board Options Exchange's CBOE Volatility Index, the VIX, now moderating, having soared to 60.13 on April 7, 2025. As management teams tackle issues across their business emanating from the tariff uncertainty, experts from J.S. Held's restructuring and operations, intellectual property, capital projects, and geopolitical teams gather to provide important strategic guidance and an action plan for senior management teams. The International Monetary Fund World Economic Outlook reflects tariff announcements through April 4, 2025, finding "the global economy is at a critical juncture … [with] major policy shifts … resetting the global trade system and giving rise to uncertainty that is once again testing the resilience of the global economy." Restructuring and operations expert Brian Gleason applies the principles utilized in J.S. Held's work advising companies in crisis. Among other insights shared in the video, Brian reinforces the need to "know your cash position and where your availability from lenders and investors stands." He shares further thoughts on how to engage the entire organization and activate key leaders to manage messaging. Intellectual property strategy, management, and monetization expert James E. Malackowski advises in the short term to look at "royalty payments as one of the few expenses that can be quickly adjusted to offset the expense of tariffs." He also advises focusing on counterfeit goods audits. Longer term, as companies consider new manufacturing options, he suggests careful consideration of both the IP legal framework process, and control around company trade secrets. According to the 2025 Tariff Bookings Tracker from VIZION, ocean container freight bookings on a global basis are down 25.4% for the week of April 28, 2025, US freight is down 25.9%, and bookings from China to the US are down 42.7%. Against this backdrop, capital projects, environmental risk, and compliance expert John Peiserich explores the unique additional risks facing senior management teams that are brought about by tariff uncertainty. In the video, John explores how companies can continue to execute on the items that can be controlled and "get the shovel ready, but don't start digging until you have certainty." As J.S. Held shared in the firm's 2024 Global Risk Report, more than four billion people in more than 60 countries went to the polls last year with outcomes that are now shaping economic and social policy. According to International IDEA, an intergovernmental organization, the result of the 2024 Global Elections Super-Cycle witnessed 34% party turnover. Global investigations, political risk, ESG, and business intelligence expert Livia Paggi makes clear that "the rules of the game have changed entirely." Senior management teams should understand that the world is now in an era where there are entirely different sets of rules for businesses to learn. Understanding what stakeholders businesses can rely upon and those they cannot is more important than perhaps ever before. Explore expert analysis and commentary in the J.S. Held Tariffs and Trade Series that informs strategic business decision-making and fosters resilience in an increasingly volatile global market. About J.S. Held J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations. More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC top 50 Property & Casualty Insurers), and 71% of the Fortune 100 Companies. Verdantix, in their Green Quadrant: Enterprise Risk Management Consulting Services (2025) report, benchmarks 15 of the most prominent enterprise risk management (ERM) advisors, identifying global consulting firm J.S. Held among the leading companies based on capabilities and momentum J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB or Ocean Tomo Investments, a part of J.S. Held, member FINRA/SIPC. All rights reserved. Kristi L. Stathis | Global Public Relations | +1 786 833 4864 | View original content to download multimedia: SOURCE J.S. Held View original content to download multimedia:
Cision Canada
13-05-2025
- Business
- Cision Canada
J.S. Held Experts Release Action Plan for Senior Management Teams to Manage Tariff Uncertainty
JERICHO, N.Y., May 13, 2025 /CNW/ -- Global consulting firm J.S. Held published today the first in a multi-part video series designed to help businesses and their investors navigate tariff uncertainty. The three-video Tariffs and Trade Series builds upon intelligence, insights, and action plans shared in J.S. Held's Tariffs and Trade resource center, including: Rapidly changing tariff landscape Stress testing company P&Ls Supply chain diversification Strategic planning in times of uncertainty Stakeholder communication Resilience across geographic markets Experts from J.S. Held examine the business impacts of tariffs and present an action plan for senior management teams. Post this Despite the deal reached between the US and China reducing tariffs for 90 days, management teams around the world continue to closely follow the Chicago Board Options Exchange's CBOE Volatility Index, the VIX, now moderating, having soared to 60.13 on April 7, 2025. As management teams tackle issues across their business emanating from the tariff uncertainty, experts from J.S. Held's restructuring and operations, intellectual property, capital projects, and geopolitical teams gather to provide important strategic guidance and an action plan for senior management teams. The International Monetary Fund World Economic Outlook reflects tariff announcements through April 4, 2025, finding "the global economy is at a critical juncture … [with] major policy shifts … resetting the global trade system and giving rise to uncertainty that is once again testing the resilience of the global economy." Restructuring and operations expert Brian Gleason applies the principles utilized in J.S. Held's work advising companies in crisis. Among other insights shared in the video, Brian reinforces the need to "know your cash position and where your availability from lenders and investors stands." He shares further thoughts on how to engage the entire organization and activate key leaders to manage messaging. Intellectual property strategy, management, and monetization expert James E. Malackowski advises in the short term to look at "royalty payments as one of the few expenses that can be quickly adjusted to offset the expense of tariffs." He also advises focusing on counterfeit goods audits. Longer term, as companies consider new manufacturing options, he suggests careful consideration of both the IP legal framework process, and control around company trade secrets. According to the 2025 Tariff Bookings Tracker from VIZION, ocean container freight bookings on a global basis are down 25.4% for the week of April 28, 2025, US freight is down 25.9%, and bookings from China to the US are down 42.7%. Against this backdrop, capital projects, environmental risk, and compliance expert John Peiserich explores the unique additional risks facing senior management teams that are brought about by tariff uncertainty. In the video, John explores how companies can continue to execute on the items that can be controlled and "get the shovel ready, but don't start digging until you have certainty." As J.S. Held shared in the firm's 2024 Global Risk Report, more than four billion people in more than 60 countries went to the polls last year with outcomes that are now shaping economic and social policy. According to International IDEA, an intergovernmental organization, the result of the 2024 Global Elections Super-Cycle witnessed 34% party turnover. Global investigations, political risk, ESG, and business intelligence expert Livia Paggi makes clear that "the rules of the game have changed entirely." Senior management teams should understand that the world is now in an era where there are entirely different sets of rules for businesses to learn. Understanding what stakeholders businesses can rely upon and those they cannot is more important than perhaps ever before. Explore expert analysis and commentary in the J.S. Held Tariffs and Trade Series that informs strategic business decision-making and fosters resilience in an increasingly volatile global market. About J.S. Held J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations. More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC top 50 Property & Casualty Insurers), and 71% of the Fortune 100 Companies. Verdantix, in their Green Quadrant: Enterprise Risk Management Consulting Services (2025) report, benchmarks 15 of the most prominent enterprise risk management (ERM) advisors, identifying global consulting firm J.S. Held among the leading companies based on capabilities and momentum J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB or Ocean Tomo Investments, a part of J.S. Held, member FINRA/SIPC. All rights reserved.
Yahoo
13-05-2025
- Business
- Yahoo
J.S. Held Experts Release Action Plan for Senior Management Teams to Manage Tariff Uncertainty
JERICHO, N.Y., May 13, 2025 /CNW/ -- Global consulting firm J.S. Held published today the first in a multi-part video series designed to help businesses and their investors navigate tariff uncertainty. The three-video Tariffs and Trade Series builds upon intelligence, insights, and action plans shared in J.S. Held's Tariffs and Trade resource center, including: Rapidly changing tariff landscape Stress testing company P&Ls Supply chain diversification Strategic planning in times of uncertainty Stakeholder communication Resilience across geographic markets Despite the deal reached between the US and China reducing tariffs for 90 days, management teams around the world continue to closely follow the Chicago Board Options Exchange's CBOE Volatility Index, the VIX, now moderating, having soared to 60.13 on April 7, 2025. As management teams tackle issues across their business emanating from the tariff uncertainty, experts from J.S. Held's restructuring and operations, intellectual property, capital projects, and geopolitical teams gather to provide important strategic guidance and an action plan for senior management teams. The International Monetary Fund World Economic Outlook reflects tariff announcements through April 4, 2025, finding "the global economy is at a critical juncture … [with] major policy shifts … resetting the global trade system and giving rise to uncertainty that is once again testing the resilience of the global economy." Restructuring and operations expert Brian Gleason applies the principles utilized in J.S. Held's work advising companies in crisis. Among other insights shared in the video, Brian reinforces the need to "know your cash position and where your availability from lenders and investors stands." He shares further thoughts on how to engage the entire organization and activate key leaders to manage messaging. Intellectual property strategy, management, and monetization expert James E. Malackowski advises in the short term to look at "royalty payments as one of the few expenses that can be quickly adjusted to offset the expense of tariffs." He also advises focusing on counterfeit goods audits. Longer term, as companies consider new manufacturing options, he suggests careful consideration of both the IP legal framework process, and control around company trade secrets. According to the 2025 Tariff Bookings Tracker from VIZION, ocean container freight bookings on a global basis are down 25.4% for the week of April 28, 2025, US freight is down 25.9%, and bookings from China to the US are down 42.7%. Against this backdrop, capital projects, environmental risk, and compliance expert John Peiserich explores the unique additional risks facing senior management teams that are brought about by tariff uncertainty. In the video, John explores how companies can continue to execute on the items that can be controlled and "get the shovel ready, but don't start digging until you have certainty." As J.S. Held shared in the firm's 2024 Global Risk Report, more than four billion people in more than 60 countries went to the polls last year with outcomes that are now shaping economic and social policy. According to International IDEA, an intergovernmental organization, the result of the 2024 Global Elections Super-Cycle witnessed 34% party turnover. Global investigations, political risk, ESG, and business intelligence expert Livia Paggi makes clear that "the rules of the game have changed entirely." Senior management teams should understand that the world is now in an era where there are entirely different sets of rules for businesses to learn. Understanding what stakeholders businesses can rely upon and those they cannot is more important than perhaps ever before. Explore expert analysis and commentary in the J.S. Held Tariffs and Trade Series that informs strategic business decision-making and fosters resilience in an increasingly volatile global market. About J.S. Held J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations. More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC top 50 Property & Casualty Insurers), and 71% of the Fortune 100 Companies. Verdantix, in their Green Quadrant: Enterprise Risk Management Consulting Services (2025) report, benchmarks 15 of the most prominent enterprise risk management (ERM) advisors, identifying global consulting firm J.S. Held among the leading companies based on capabilities and momentum J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB or Ocean Tomo Investments, a part of J.S. Held, member FINRA/SIPC. All rights reserved. Kristi L. Stathis | Global Public Relations | +1 786 833 4864 | View original content to download multimedia: SOURCE J.S. Held View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
18-04-2025
- Business
- Forbes
The Best Ways To Profit From, And Safeguard Against, Market Volatility
In a year when the stock market has primarily been driven by the whims of President Donald Trump's tariff policies and social media posts, it's even harder than usual to forecast whether the market will move up or down in the next week, or even a year where the stock market has primarily been driven by the whims of President Donald Trump's tariff policies and social media posts, it's even harder than usual to forecast whether the market will move up or down in the next week, or even day. The S&P 500 index crashed 10% in a two-day span after Trump's already infamous press conference announcing his 'Liberation Day' reciprocal tariffs on 90 countries on April 2, then rallied 9.5% a week later when he backtracked on most of them. The index is still down 14% from its record high in February and 10% year-to-date. The Chicago Board Options Exchange's Volatility Index, known as the VIX, measures the expected forward-looking volatility of the S&P 500 and is currently at a historically high level of 30. That effectively means that traders expect the S&P 500 to move 30% in either direction in the next 12 months—a value less than 20 would be typical in a more normal, stable environment. Last week, before Trump announced the pause in tariffs, the VIX spiked above 50 for only the third time in the last 20 years, joining the October through December 2008 Financial Crisis levels and the onset of the global pandemic in March 2020. All of these spikes have corresponded with market crashes, branding the VIX as a fear gauge. For lucky passive investors, with iron constitutions, the previous instances have turned out to be great opportunities to simply buy stocks. But for more advanced market players typically use options to hedge their bets, there are VIX-focused funds that could be attractive short-term options. There is no way to invest directly in the CBOE's VIX, but Bethesda, Maryland asset manager Proshares offers an exchange traded fund known as the VIX Short-Term Futures ETF (VIXY), which buys short-term call options on the VIX. It is up 44% since April 2. Proshares also offers the Short VIX Short-Term Futures ETF (SXVY) which shorts the VIX, betting that volatility will go down. Because the VIX and the stock market generally move in opposite directions, though not always, VIXY tends to behave similarly to an S&P 500 put option, betting the market will fall, and SXVY behaves similarly to the inverse, a call option betting that stocks will rise. 'When the VIX does what it just did, buying options is two to four times more expensive. All of a sudden, those of us who like to buy puts and calls on major indexes are now fighting with one hand behind our back,' says Rob Isbitts, the founder of Sungarden Investment Publishing, describing how the VIX is derived from the prices of S&P 500 options—a VIX of 30 means options are double the price of when the VIX is 15.. 'Maybe 5% or 10% of the time over the next several years, I would use VIXY and SVXY, but this is one of those times.' Proshares puts a disclaimer on both of these ETFs that they're intended for short-term use and investors should monitor their investments as frequently as daily, and there's good reason for that. The VIX moves so jaggedly that any profits can be short-lived, and over the long-term, most of these options will expire out of the money and losses are all but guaranteed. For investors wanting to smooth out stocks' rockiness in a single fund, some firms blend volatility protection with a more diversified portfolio of stocks. Chicago-based Equity Armor Investments manages $171 million in assets in funds like its Rational Equity Armor Fund (HDCAX), which invests primarily in dividend-paying companies in the S&P 500 and also invests up to 20% of its assets in VIX futures contracts. It has a model to determine which options are cheap or expensive and avoid the natural decay associated with rolling VIX options, says co-portfolio manager and chief trading officer Joe Tigay. He portrays the fund as an alternative to balanced 60/40 portfolios, now that bonds haven't acted as a hedge on stock exposure this year the way they often have in the past. Tigay says the fund typically has about 15% of its assets in its volatility strategy and 85% in stocks, and that can vary depending on the market. When the VIX spikes, the fund can move some of its profits from those options into stocks to smooth out the return, and when stocks rise, VIX futures in turn get cheaper. That helped make its maximum drawdown in 2020 a 15% loss, when the S&P 500 crashed 34%. Its five-year annualized return of 7.1% underperforms the S&P 500's 14% mark, but beats the Morningstar Moderately Conservative risk index it benchmarks to by three percentage points. So far in 2025, it's down 4.8%. 'When there's a lot of volatility, it's not scary, it's actionable, and it allows us to maneuver in the market,' says Tigay. 'It's a built-in sell-high, buy-low strategy.' Plenty of funds also offer covered call strategies which cap upside by selling out of the money call options on an index but offer a buffer against declines by distributing income from these options. The largest is JPMorgan's Equity Premium Income ETF, which has $37 billion in assets and offers an 8.2% yield. But Isbitts cautions that those haven't been tested in prolonged bear markets and prefers buying put options directly for protection against individual stock holdings. 'What good is getting the income if you're effectively paying yourself with stock losses,' says Isbitts. 'If we have an extended bear market, covered call ETFs will be remembered as the investment that everybody loved because they did not realize what could possibly go wrong.'
USA Today
13-04-2025
- Business
- USA Today
The stock market 'panic index' is at highest point since pandemic. Here's how it works
The stock market 'panic index' is at highest point since pandemic. Here's how it works Stock market uncertainty from President Donald Trump's tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street's panic index or fear gauge. The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index. Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down. On April 7, the index soared to 60.13, its highest closing level since the COVID-19 pandemic five years ago, Reuters reported. It later retreated and is now in the 40-50 range. How has the Volatility Index changed? Can't see our graphics? Click here to view them. VIX predicts market movement by measuring volatility, the up-and-down shifts of stock prices over a short time. The more stocks change in price, and how rapidly they change, shows higher volatility. That translates to stress or fear in the market. To do this, VIX tracks S&P 500 stock options – hedge contracts that 'give buyers the right to buy or sell a stock by a certain date,' according to NerdWallet. The option prices are a barometer of possible future movement in the market. VIX uses this to calculate a single number, updated throughout the day, that represents volatility. Though VIX measures only the S&P 500's volatility, it's become "a benchmark for the U.S. stock market," TD Bank says. SOURCE USA TODAY Network reporting and research; Reuters; Corporate Finance Institute; Investopedia
