MRKT Call: Stock Market Rally Stalls
RiskReversal Pod
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The S&P 500 Is Effectively Unchanged Yet Again
The S&P is effectively unchanged yet again. With a market that's decidedly unchanged you have a VIX that's actually making. It's not a 52 week low but a multi year low as well. We're at a situation here that we could throw the CME FedWatch tool here right now. I think this thing was as high as 55 60% probability of a 25 basis point hike at this meeting. Now you see that's been caught in half here.
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