- Set a new record high in April
- Fell 7% in May
- Recovered 5% in June
The geopolitical situation couldn’t be more uncertain- trade talks with China have broken down, BREXIT is a goat rope, and Japanese oil tankers are being attacked in the Gulf of Oman.
Yet in the haze of ambiguity, the S&P500 is only 2% off a record high and the VIX is at 15. How can this be? The truth is, despite the hysterical media narrative, market volatility is low, in fact, below average.
To better understand volatility and not be hoodwinked by the media, take 5 minutes to watch the video I just release: VIX volatility not as extreme as you might think
Have a great weekend and for Father’s Day, make sure you tell your dad how much you LOVE him.
The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
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