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MRKT Call 12/6/2022: Banks Shot

RiskReversal Pod

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Vix

VIX at these levels is not a good thing. It sort of augurs itself in the broader market. And unfortunately, I think that's what we're going to continue to see. Let's just look at the 10-year US treasure yield. You know, Carter made the point yesterday that that's just 1.3% psychologically fine. He was the high from earlier this year. We had that like that pullback from 3.5 down to 2.7. Then we had that huge ramp that really steep uptrend. Here we are, we're back at that 3.5 level. So is it important support? Maybe not really. Look at that rising 200-day

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