RAOUL PAL ON US ELECTION: 'Volatility is way too low'

Americans have a big decision to make in next month's presidential election, but markets don't seem to know how to account for it, according to Raoul Pal, a former hedge fund manager.
"Volatility is way too low considering the outcomes and how nervous markets are about it," Pal told Business Insider's Matt Turner on Monday in a Facebook Live interview.
"I always have an expression, which is that suppressed volatility leads to hyper volatility," added Pal, who is the founder of Real Vision a