VIX

As the chook shed fire that was the us governments shut down unfolded the press was full of words such as calamity and disaster without actually understanding what those words meant within the context of the shutdown. Many (read most) commentators missed the fact that the US was not Greece, Ireland, Spain, Portugal or Italy…

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Overwrought

I am sometimes intrigued at the breathless commentary that accompanies each move in the market. As is my habit I flicked on my ipad whilst waiting for the kettle to boil and was greeted by Bloomberg jabbering about the impact of the US government shut down. To put this into context this is the  state…

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