Big in Japan; Can the Fed trump the BOJ?

alphaville

VIX back to the 15 range ahead of a consequential Fed meeting, deep into the economic cycle.┬áVolatility crush continues into actual central bank announcements.┬áZombie US markets can’t go down but can’t rally either. After recent, underwhelming ECB announcements, markets sense more to come from the Fed, yet a gasping sense reigns omnipresent. What, actually, can […]

Volatility Suppression Challenged

rough-seas

Since the BREXIT rebound/rip, it’s been an exceptionally stable summer. Few predicted that the unexpected BREXIT vote, would be an unequivocal positive to markets. The tell, quite clear after the fact, was the global rate plunge, and the US 10-year yield sinking to the 1.35% range, around the 4th of July. The perfect combination arose […]