It’s Different Today (For Now)
VIX is surging off an ovenight 12 handle, USDJPY and bond yields are tumbling to the lows of the day and US equity futures, while up, have given back the overnight exuberance gains… something’s different today.
Gold and Oil are vying for the post-payrolls lead as bonds are still trumphing stocks…
FX and bonds ain’t buying it…
And VIX is not being monkeyhammered lower…
Stil lit’s early yet and all-time-highs are but a few points away.