Join our investing community

What's Your Take On The VIX Blowout?

Discussion in 'Shares' started by Chris C, 26th Jan, 2010.

  1. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    Location:
    Brisbane, QLD
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    Like the song says; 'The answers my friend, are blowing in the wind'.



    J.
     
  3. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    Location:
    Brisbane, QLD
    Looks like the pessimism has returned:

    Stocks, Commodities Plunge, Dollar Gains on Debt, Jobs Concerns - Bloomberg.com

    There seems to be a lot of eyeballs on the Greece, Portugal, Spain situation at the moment, and I have been following the CDS of those three for the last couple of weeks now and they are really starting to blow out along with the rest of the world...

    Last night was a little crazy, US dollar rallied, gold got smashed, VIX went up, CDS blew out, unemployment in US still sliding...

    What I thought was amazing was over the last 24 hours only 1 country in the world had their CDS rates tighten, while at the same time the USA, France, Germany, Australia, NZ, Netherlands, Portugal, Italy all had their CDS rates blow out by at least 15%!!

    I have never seen anything like it...

    Seems to me like most of the markets are getting very nervous that the economy isn't getting any better, there are still massive sovereign debts issues, and the central banks of the world are all preparing to remove their quantitative easing support for their economies...