US Bubble economy so broken new volatility indicator released
It is no secret the US Fed has blown the mother of all asset bubbles. The Fed has been 'attempting' to unwind any and all evidence of such efforts for the past year or so through massive rate hikes. The US bubble economy is in such dire straights now that a new volatility indicator has been created.
Recall, the 'VIX' has been in use since 1993. When it was released by the CBOE (Chicago Board Options Exchange's) and was utilized to predict Volatility for a 30-day window. It was considered by many to be the world's premier barometer of equity market volatility. Until now...
Now we have the VIX1D which covers “0DTEs,” short for zero days until expiration(s). The new index, with the symbol "VIX1D," is making its debut as some markets experts worry the CBOE Volatility Index, AKA VIX, no longer offers a complete picture of how volatile traders expect markets to be.
Put another way financial markets like stability. The US economy let alone the markets have been anything but stable over the past 2+ years. Hence, why we are receiving a new volatility indicator.
Wonder how VIX1D will perform when US experiences next cycle upturn in Inflation (and it will happen)? Or how will VIX1D handle dedollarization as all those unwanted $ flow back home. Can you say Hyper-Inflationary period? I expect that event to make the hyperinflation event in Zimbabwe to look calm.
Something tells me that the Fed wants to crash the US economy so the US CBDC can be rolled out for total control. Prove me wrong here; please.
Summary - have little hope that VIX1D will be any better than VIX in this shamble we call Empire in Decline.
I am not an employee nor an agent of US Fed, US Gov, nor state nor local Gov entity. although it sounds super dangerous! Pictures belong to their respective owners, no assumption of ownership nor transference is intended