With VIX hovering below 12 still – despite a surge in realized volatility to its highest levels since the election – investors seem very confident that no matter what happens this weekend (or next), everything will be awesome. As former fund manager Richard Breslow warns however, “for traders, the two items with the biggest potential lasting effects are virtually impossible to handicap…And to make matters worse, we won’t know their punch-line until the weekend: when markets are closed for business.”
This post was published at Zero Hedge on Sep 7, 2017.
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