Keeping The Faith in the Financial System

Let’s talk about faith for a moment. What is the thing we place the greatest faith in today, as a civilization? It isn’t a particular deity. It isn’t the notion of country. It isn’t ourselves. What we place the greatest faith of all in is...

VIX at 82. Next Steps For The Economy?

VIX closes at 82.69, highest close ever in market history. The VIX, or Chicago Board Options Exchange Volatility Index, is often called the Fear Index, as to how afraid investors are of current market conditions. In the 30 years the VIX has been around, the highest it...

Fighting The Last War With Quantitative Easing

In 2008, the problem was a loss of faith in the financial system. People believed their money to be unsafe. Bear Stearns and Lehman Brothers went belly-up, and it was only a matter of time before the ripple effects hit every financial institution. Consumers and...

Pin It on Pinterest