According to BlockBeats, on September 6, Morgan Stanley's sales and trading department indicated that the accumulation of positions and significant uncertainty regarding the Federal Reserve's interest rate decisions could lead to substantial market volatility triggered by employment data.Morgan Stanley sales and trading experts, including Amanda Levenberg Goldsmith, stated that stock options suggest Friday's employment report will cause significant market movements. They added that such pricing is reasonable because the uncertainty surrounding the Federal Reserve's actions in two weeks is unprecedented, at least in this cycle.The implied volatility of the S&P 500 index remains lower than the actual volatility, indicating that the stock market is becoming increasingly sensitive to macroeconomic data. Morgan Stanley's sales and trading department noted that options imply the S&P 500 index will fluctuate by 1.1% in either direction on Friday, while ETFs tracking the Russell 2000 and Nasdaq 100 indices suggest fluctuations of 1.84% and 1.37%, respectively.
