The August volatility in markets can be explained by SVXY measured moves equal size with the Covid collapse of 2020. Last Wednesday the VIX spiked 74% the second largest in history. These unusual spikes in VIX are happening more frequently and are a warning that markets are becoming increasingly unstable at these high levels. Weekly
As we head into 2025 the mood feels much different than 2016. This time around there is skepticism.
ReplyDeleteWe have a debt challenge coming up.