[Analysis: Rising Hedging Demand Signals Increased Future Stock Market Volatility] Odaily Planet Daily News – Foreign media analysis indicates that the momentum of the stock market's upward trend is weakening, while optimistic earnings expectations are under close scrutiny. These are two signs suggesting a volatile summer ahead. As investors face growing concerns, the overall bullish sentiment is being challenged, and market volatility is quietly rising. The unwinding of artificial intelligence-related trades is triggering strong market rotations. Demand for hedging is rapidly increasing. The Nations SkewDex Index (which measures potential tail risks in the S&P 500) has surged to its highest level since April, potentially driving up other volatility indicators further. Although the fear index remains below 20, far from alarming levels, sharp fluctuations in individual stocks are obscuring broader trends. Price volatility in core AI-related stocks driving momentum trading has intensified, but unlike the first half of this year, the narrative of "rising stock prices with increasing volatility" seems to have disappeared. Instead, steep stock price declines are now accompanied by persistently rising volatility. (Jin10)