Last Friday, the day after Thanksgiving, the market fell almost 1000 points. What was that all about? First off, let’s put this move in context. Volatility Spikes The VIX rose 54% on Friday. This was the fourth largest spike in the history of the volatility index, as shown below. There are some interesting things that […]
Gas prices hit a seven-year high over Memorial Day weekend. This signals both a post-COVID return to normal as well as building inflationary pressures.