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Tough Spot For Fed + SVB Coffee Crisis Chat

MRKT Matrix

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Is the VIX Getting Too Expensive or Too Cheap?

I'm surprised by how quickly we traded up north of 30 and then how quickly we came right back I think we traded like 21 and a half 22 today. These spikes tend to last longer than one day well in this case it didn't but what are your thoughts on vol here are people just being too glib is that that whole whistling past the graveyard because as I stated earlier you know I don't think it's necessarily over.

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