SocGen’s news flow index suggests the VIX is headed between 40 and 50. They arrive at this by counting “the number of newspaper articles highlighting themes related to economic strength...
Historically they have proven highly sensitive to financial assets pricing, and
often lead trends by a few months.”
With the VIX holding 30 (twice the level we started the year mind you) on every ‘confidence’
rally, I won’t be surprised the day she blows. Whether it is China,
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