Maximum Risk

We see the VIX measure of volatility going down to last summers lows at a time when my view risk is increasing dramatically.

 What gives, we should find out by Friday’s close.

According to CNBC, the market is running on:

  1. FED doves
  2. Dollar having topped
  3.  Oil having bottomed
  4. Profit recession bottoming

I only agree with the first item.  Probably the unsaid item, the belief that the Hillary Clinton / Bill Clinton Wall Street lover combo will win the election is at the top of the list.

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