Surging Gold, Energy Volatility May Be a Warning Upward reversion in stock-market volatility may mark 2026 as a post-inflation deflation year. S&P 500 180-day volatility buried near 13%, despite gold and crude-oil risk metrics surging to roughly 30% and 55% is an unsustainable historical anomaly. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/teaxe8kgzasd {BI COMD} #gold #crudeoil #stockmarket @BBGIntelligence(Mike McGlone)