Latest from the IMF:
http://www.imf.org/external/pubs/ft/survey/so/2016/RES011916A.htm
“All in all, there is a lot of uncertainty out there, and I think that contributes to the volatility,” said Obstfeld. “We may be in for a bumpy ride this year, especially in the emerging and developing world,” he said.
Terrific quote! Says nothing but says everything! Nowhere to hide… April WTI implied volatility settled at 62.5 yesterday… This is the highest since April 2009.. Last year’s high was 60.7 made on February 5th…
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