Andrew Giovinazzi's blog

A Tale of Two Vols

Yet we have another all-time high close for SPX with the outlook for equities very bright indeed.  Not so much on the fixed income side which had a massive correction in the last two weeks.  The story is in the IV and here they tell two different things.  The volatility for volatility as measured by the UVXY is near 1 year lows.  That is right with equities clocking in highs vol of vol is in the basement.  This is how it should be.

 

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The First TWTR President

That was quite a week and 2 days.  Before Donald J Trump stunned the media with his election win, he was a power user of TWTR.  Various reports about what he will tweet in the future are unknown to me as I write this but it is safe to say TWTR will keep buzzing with the social media malestorm he helped create. The fact that TWTR is now stuck in the popular culture is pretty hard to dispute.

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