VIX & VXV Crushed... Only this low twice prior in a decade!
Vol has a crush on Trump, or at least that's a fair deduction of the current narrative around supply-side economics & fiscal expansion Trump's policy - presumed successful - entails.
Trump speaks on the 20th of January, which coincides with the magical month where major currency markets often top or bottom.
The curve steepens into next year, thus a calendar spread: long the near months and short further out the curve, provides meaningful opportunity, especially if Trump has some missteps in the meantime.
Trump speaks on the 20th of January, which coincides with the magical month where major currency markets often top or bottom.
The curve steepens into next year, thus a calendar spread: long the near months and short further out the curve, provides meaningful opportunity, especially if Trump has some missteps in the meantime.
