The last three weeks have seen truly unprecedented events in the banking sector. Banks literally are not lending money. They won’t even lend overnight to each other because they don’t [ … ]
Tag: dow
RISK IN EQUITIES IS INCREASING
The VIX is again spiking. Think of the VIX as a fear gauge. The VIX is essentially a measure of what options investors are willing to pay for protection. [ … ]
THE CRISIS IS EVOLVING
The credit crisis is evolving. And in my opinion it is evolving into its riskiest phase since it began. There is a large contingent of investors who are convinced that [ … ]