16 Feb 2021

Potential VIX Breakdown Near-Term Opportunity For Equity Bulls, But Volatility Curve In Contango Medium-Term Risk

by | posted in: Credit, Derivatives, Equities, Technicals | 0

VIX is on the verge of a breakdown. After sustaining over 20 for a year, it risks losing that level in the sessions ahead. A decisive breach opens the door toward mid- to high-teens near term. This will have taken … Continued

27 Jan 2021

On FOMC Day, Thinking About Subdued Consumer Inflation And Raging Asset Inflation

by | posted in: Credit, Derivatives, Economy, Equities | 0

As the FOMC winds up its two-day meeting today, one cannot help but think of the Fed put that has led investors to take on risk and go up the risk curve, driving one after another metric into uncharted territory. … Continued