Who could have seen that coming? Bob Pisani is about to get "worried" as VIX broke above 25...
August Deja Vu all over again? VIX highest since September 2015...
VIX term structure has inverted...
2016 has not been pretty...
Everything is lining up that way... We have seen this pattern of money flow chaos before... Outflows surge from China, send liquidity needs spiking, which bleeds over into Saudi stress (petrodollar?), causing unwinds in major equity markets (thanks to deleveraging of carry trades) in China and then US stocks...