Friday, October 17, 2014

The "Fear Index" is Continuing to Soar

An index of market uncertainty is at a two-year high THE VIX, or “fear index,” rose to 26.25 percentage points on October 15th, reaching its highest level since a crisis over the fate of the euro currency in 2012.

The Federal Reserve is running very erratic policy, which I expect will continue to increase volatility over time, as markets shift from one extreme to another.

The Fed is more incompetent than either FEMA or the CDC.

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