Authored by MN Gordon via EconomicPrism.com,
There are many things that could be said about the GOP tax bill. But one thing is certain. It has been a great show.
Obviously, the time for real solutions to the debt problem that’s ailing the United States came and went many decades ago. Instead of addressing the Country’s mounting insolvency, lawmakers chose the expedient without exception. They kicked the can from yesterday to today.
The “VIX Elephant” has awakened. And “50 Cent” is back.
That's the mysterious-sounding ointroduction to a notable market insight from Bloomberg this mornig as they note the turmoil surrounding Mike Flynn headlines - spiking VIX and slamming stocks - provided two big options market 'whales' with some relief and room to move...
The following article by David Haggith was published on The Great Recession Blog:
As traders commemorated the 30th anniversary of Black Monday, amid the rising uncertainty of US tax reform, European sedition, MidEast tensions, ongoing Asian sabre-rattling, and global monetary policy hawkishness, US equity markets experienced the quietest month in their history.
Despite historically being the most volatile month of the year...
The CBOE Volatility Index recorded the lowest monthly average in its history, according to data compiled by Bloomberg.
Gold Up 74% Since Last Market Peak 10 Years Ago