Last night's Aussie trade was the 2nd leg of the synthetic hedge to the developing double top that usually takes time to form. (21 hr ago)
Overheard by a minister at the next G7 meeting:
"Can we take a break on this immigration stuff & talk about my portfolio for a bit?" (21 hr ago)
Latest Article - Jan 15
Weakness Trumps Fear: What Matters
One notable reason the VIX is trading at only half the level seen in August (53.0), a time when equity indices plunged near today's levels is related to market's absorption of risk versus macro...