UPDATE: And then this happened...
[2]
As every good Keynesian 'knows', broken-windows are good for the economy; so that must mean that 'broken markets' [3] are good for the... markets?
Having started to fade after the opening ramp, since the NYSE broke [3], stocks have levitated linearly...
[4]
...driven by a surge in XIV (the inverse VIX ETF, which was among the 150 symbols that 'broke' today [3])...
[5]
As Stocks decouple from any fun-durr-mental carry driver...
[6]
As well as Bonds and credit markets' perspective on 'recovery' and ECB rumors...
[7]
and equity volume is well below average... (again)
[8]
* * *
Why anyone would trust this shambles of a US equity "market" anymore...?
