The VIX, Trump’s Pulp Fiction Moment, And The Triumph Of BTFD
We're almost there, goddammit.
We're just one decent session for risk away from erasing the entirety of the VIX spike that followed Trump's Pulp Fiction moment:
As rapid as the "mean reversion" has been, it's not quite as quick a snap back to "normalcy" as the vol. sellers and carry traders would ideally liked to see. And indeed, that underscores the fact that the angst stems from more than just one off-the-cuff comment from an increasingly unhinged President.
"Fire and fury" was just the s
Well, you know…Mike over there on that site told me to keep buying. And Mike’s a genius, just look at his returns the past few years!