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The Market Ear on the whack stock market.
All about the MOVE?
Bond volatility has been an issue for this market. MOVE and the SPX have moved in tight tandem lately. You do not trade “gaps” between trending vs mean reverting assets, but the short term gap between the MOVE and the SPX is worth noting…
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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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