Sunday, October 6, 2013
The Sunday Funnies; Fed Losing Grip on the VIX Underwater Beach Ball
Keystone provides a humorous cartoon for the Sunday funnies. Equity markets remains elevated near or at new all-time highs as the Fed holds volatility lower, however, the Fed is losing their grip, and cannot hold the VIX beach ball underwater forever. The explosion higher in the VIX will create market fear and panic. The question is, when?