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VIX Collapse Lifts the Equities, EURUSD Extreme Range with Limited Time
True to form, the markets are seeing the pull of holiday liquidity kicking in and having its expected influence over the top benchmarks. Historically, the 51st week of the year sees a market slowing of implied (‘expected’) volatility which is well established through the averages from the VIX volatility index. And, that tempo only fades further moving into the final week. There remain a number of open threads in the speculative conversation (interest rate speculation, recession fears, etc) that can disrupt the market with limited prompt or even no warning; but the seasonal trends are seasonal for a reason. Taking ... (full story)