The past 2 days have sent the VIX up more than 3 points, and global volatility has risen in tandem with the increased jitters. However, while the move in volatility seems fast and furious, it …
Continue readingBrian Kelly
Just when it seemed like financial markets might get a bit more interesting during a few days of volatility last week, the market has resumed its quiet ways. 5 day SPX index realized volatility is …
Continue readingIt pains us to write about the fiscal cliff, but it permeates virtually every financial market. Since the Great Depression the popular Keynesian prescription has been to take countless shots of government spending and don’t worry about …
Continue readingUnprecedented and unconventional are the two words that have driven risk assets higher since March 2009. An unfortunate ancillary development is that these two words have probably become the two most overused words in the …
Continue readingCross posted at Shelter Harbor Capital October 17, 2012 Moody’s long awaited ratings decision has finally arrived and, and, and…it is a non-downgrade. In its reasoning for the non-downgrade, Moody’s cited the Eurozone’s willingness to backstop …
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