Juggling Dynamite

A review of one of our favorite risk guages this morning confirms a continued “risk off” warning that has been present in global markets since late March. At the same time with yesterday’s election news that Greece hopes to stay in the Euro a while longer, the Volatility Index (VIX) has dropped more than 11% today. Does the Greek election make further QE from the US Fed more or less likely this week? US dollar strength seems to suggest less, the VIX seems to be expecting policy action from somewhere. Which Central Bank will blink next?

Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.

FRONTLINE investigates MF Global’s disastrous bet on European debt.
Here is the direct link.

Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE.

And also directly on topic see: Slobbering senators woo Dimon while they gut Dodd-Frank.

Scott Patterson, “Dark Pools” author, discusses how artificial intelligence systems are impacting trading and your investments.  Here is the direct link.