The Real ‘Fear’ Index Just Went To ’11’…” professional investors have been busily buying crash protection.”

Wednesday, June 29, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jun 29, 2016

A funny thing has happened below the surface of the markets since late last year. As first The Fed, then The BoJ, and The ECB respectively saw their credibility crushed into a mumbling excuse pool of elite utterances as global bond yields crashed along with global growth and inflation expectations, professional investors have been busily buying crash protection (carefully masking their buying by managing ‘normal’ risk measure like VIX through endless nefarious cash, ETF, and Futures manipulation). But now, a week after ‘Black Swan’ bets soared ahead of the central-plan-destroying Brexit vote, the real ‘fear’ index has spiked to unprecedentedly high levels.

With VIX flip-flopping to and fro at the whim of every fast money trader…

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter