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Volatility Views 532: Revenge of the Volatility Backspread

Volatility Views

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The Fed's Fears of Recession

I'm not somebody out there cheering for recession but it's interesting to see how well the labor market has held up in the face of significant rate moves. And I wonder if it will sort of open up a bit as we move into debt ceiling wrangling and I dislike talking about that. But it does seem like a potentially very real concern for the market over the next month or so.

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