Once markets bottomed in late March 2020, we dusted ourselves off and quickly resumed our march upward. The rush of adrenaline still pulsing, most investors briskly pushed onward with the market rebound, in hopes of making up for lost time. We often remember challenging periods as having been much smoother in distant hindsight than the frenzy they really were in the heat of the moment. Instead of resuming business as normal, let’s take advantage of the recent scare to think about the path forward for overlay strategies.


All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.

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