Wednesday, June 15, 2016

A few newsbits

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.

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