Friday, December 11, 2015

Prepare For Lift-Off aka. The Conspiracy Of Dunces

This shall be cataclysmic...

Realized volatility (weekly):

Junk bonds and interest rates (log scale):

Global macro (weekly):
Canadian dollar, new low
Oil new low
Commodities, new low
EM Debt, new low
U.S. deflation (at prior lows)
EM Currencies, new low
Junk bonds, new low (not shown)
Leveraged loans, new low (not shown)...

The week that was... ignored