VIX 2008 Repeat Volatility

See the illustration traced from the 2008 volatility spike leading into the GFC. As it can be seen visually, the similarities are present. The news cycle appears to be dominated by a similar set of events, including the collapse of the 2020's version of Bernie Madoff, SBF. I doubt the volatility will play out in a continuous fashion, as the Fed as new tools to their disposal. I expect some difference in the delay or outcome, but not a significant one.

Dagangan ditutup: hentian tercapai:

This trade didn't work... One would have assumed the debt financing and bank failures would have seen a similar repeat from the 2008 and dotcom recessions, but clearly, we are playing a new game.