![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiI5EFO4_ysgAw08Jbl0DBbDuShwaVgr_KaEyf4ifKs1GGLzWTr3yHbv-PC6tixEnZomLXKjpzaPO-pdRdWyDm3sl-KKs2XfqIoXfNk2JeGfh7_ACKkDfKFY0P6NTXLE658sEhkZiCBJrE/s320/VIX+vs+S%26P500)
Here's an update to a chart I've posted many times in the past. It backs up the points I made in my prior post about how a weaker dollar is a sign that fear is subsiding. The dominant features of the economic and financial market landscape since last March are all very encouraging: declining volatility, declining safe-haven premiums, declining credit spreads, rising prices for risky assets, fewer layoffs, rising confidence, to name a few. There's still plenty of room for improvement.
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