Irrational FOMC Exuberance


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 – Rate cut mania
– capital rotations are epic
– financials rip in lower rates?
– PM/hedge panic
– SKEW record, VVIX makes it interesting
– high impact moves in a low VIX continueSPX Expected Move —
— last week — 64.66 (5-day expected move)
— next week– 55.44 (5-day expected move)Video Length: 00:22:21More By This Author:Wild Swings Following The Great Fed Pivot A Powell Keg Of Market Risk To The Upside Are Markets Sleepwalking Into Powell’s Presser Tomorrow?

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