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The Market Ear on the robots
Fearless VIX
VIX down on a Monday is not that common as we are supposed to “catch up” the weekend effect. You don’t compare mean reverting assets to trending assets over longer time periods, but shorter term gaps should not be dismissed. Last time VIX traded here, the SPX was 100 points higher…
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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