Former Treasury Secretary Summers is on the wires saying:
There’s a significant probability – possibly 15% – that the following transfer goes to be upwards in price, not downwards.
This week, the markets have been scared by the CPI and PPI information. PCE information expectations are ticking greater for subsequent week.
The concern is rising.
In the meantime, the Vix index spiked greater on CPI day, however is again down under its 100 and 200 day MA..
Vix index is again under the 100/200 day MAs
What, Me Fear?
What, Me Fear
