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by Jim Colburn Leave a Comment
Tyler Cowen is surprised the VIX is so low (lowest since 2007):
“How can that be? Not to mention a high Dow.
The consensus view is that the first two weeks for Trump have been an extreme disaster. But is that true? Protest has been robust, and so far checks and balances seem to be working.”
I would caution that oil vol was at record lows in June of 2014 (below 13%) only to go out the year around 50%…
http://marginalrevolution.com/marginalrevolution/2017/02/vix-show-far.html
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