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Pod 20: March FOMC, Banking Collapses, Jerome Powell, 25 bps, and the Fed Navigating Sticky Inflation

Unusual Whales

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Vega and the Counter Trends in Commodity Markets

People are funding those with Vega because Vega hasn't worked for more than a week or so at a time. The world went from speculating on calls into the last rally to now speculating on puts, put call ratios went through the roof and tech everywhere else they've been under hedge. Those two hallmarks are big positioning. You know, once they start breaking it's something to be very cognitive and you know, understand that that positioning is big enough.

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