The S&P is sitting at its 18 month Maginot Line (blue horizontal line)
Weekly realized volatility (4 week std deviation) is trending (black)
And UVXY (Double Volatility ETF) volume (green) is at all time highs
This is NOT 2011
Brent crude at $29 with oil volatility:
"What, me worry?"
"I see no bear market"
Russell 2000 small cap
This is NOT 2011:
Global Macro:
New lows for Canadian $, Commodities, EM Currencies, EM debt...
This is NOT 2011
U.S. credit spreads (Treasury:High Yield)
This is NOT 2011
EM stocks:
"Never mind"
U.S. interest rates with U.S. deflation:
Global Dow
Chinese stocks with GDP:
Caution: Approaching Terminal Idiocracy
Doh!
