Tuesday, September 16, 2008

Panic Officially Sets In

The moves in the 10-Year Treasury yield and the VIX volatility index highlight that panic has officially set in. At the start of the week, the 10-Year yield was 3.70%, while the VIX was at 25.6. They're currently at 3.25% and 33.6, respectively. Remember, the best thing to do when others panic is to not panic yourself.

Panicmode

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.