Pragmatic Capitalism

Practical Views on Money & Finance

A Wild Cliff Ride for the VIX…

Here’s a decent gauge of the wild sentiment ride the fiscal cliff sent the markets on in recent weeks….

  • In the days leading up to the fiscal cliff the VIX started to rally as worries over a deal materialized.
  • On the 28th as it looked like we were “going over the cliff” traders were positioning for downside as the VIX surged to 23 from 15 just a few weeks earlier.
  • Then the collapse.  The VIX plummets back to earth as the markets realize that the fiscal cliff was essentially much ado about nothing….
Never a dull moment in the markets….

Got a comment or question? Feel free to contact Cullen via email here or on Twitter here.
Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

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