Going to write my financial math exam tonight, and I haven't studied at all so I better do some of that today, eh?
As for the market, yes $VIX is lower today, but it's still only moving back to within the +2SD band.
Here's a bit of reading for you:
New Deal Demoncrat - more evidence the shallow industrial recession is over. Summary:
This pattern of increased sales and decreasing inventories is what happens just after a recovery from a recession starts. It adds to the evidence that March was the bottom of the shallow industrial recession.So quit piddling your panties, Wall Street Whitey.
Tim Duy the finance guy - five questions for Janet Yellen. And don't think Yellen doesn't already know the answers.