VIX

Via ConvergEx's Nicholas Colas,

Counterfactual analysis is a useful way to consider the world we actually inhabit.  To that end, today we ask “What if Hillary Clinton had won the Presidency on November 8th?”

 

Via Artemis Capital Management,

This article by David Haggith was first published on The Great Recession Blog:

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession? 

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

This is the market we have now: dominated by delusional, irrational central planners with unlimited powers to create money out of thin air to fund their manipulations.

With Goldman suggesting VIX should be in the upper teens based on 'fundamentals' and event risks galore on the horizon (FOMC, Brexit, Spain elections, US elections, etc.) Geneva Swiss Bank suggests it is time to BTFVIX...