Raoul Pal Warns The Day Of Reckoning Looms For VIX Shorts: “Reminds Me Of Portfolio Insurance In 1987”

Jon Alternative Media, Blogosphere, Market Commentary

In a podcast interview on MacroVoices, Macro Guru Raoul Pal makes some comments on some of the biggest imbalances in the markets today.
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He compares the VIX contango trade to the portfolio insurance problem that was blamed for the 1987 crash…

This post was published at Zero Hedge on Jan 21, 2017.