Low Volatility - Happy Days Again?

Call me an old cranky fart but I’m not buying the recent drop off in $VIX as a return to the happy days of market madness, its just too manipulated for me. 

VIX, 07/10/2009VIX, 07/10/2009

Ben and the Fed have dumped trillions of dollars into the markets and that’s bound to smooth things over for a while, but ask yourself this: is it sustainable? With unemployment rising and the markets seemingly to have hit a brick wall lately, the answer is NO! 

Update 2019

The answer is Bitcoin. Get some here.


Tags
Blog posts

Date
July 13, 2009