Jun. 23 at 7:32 PM
$UVIX $SVIX
The bubble gets bigger
Projected target within 94 days is
$145 on uvix
Today, like every Monday we see an extra
$17 billion zombie money flood into the market (401k, etc). However the strenthing dollar & risky foreign markets saw another
$31 billion in premarket.
Treasury auction didn't go so well and the yen/dollar is spiking
The Fed keeps rates high, while drying up liquidity by having higher rates than savings
Very bads news on the horizon for the world economy as it is only being supported by NGO's, govt hand outs & I'm not even touching spiking medical cost vs consumer spending.