Jason talks about how hedge funds are now record short the Cboe Volatility Index or (VIX) betting on Fed rate cuts, QE4 and the Powell put.
After rising for many months, the VIX got to 36.07 on December 24, 2018 (Christmas Eve) before crashing since then to as low as 12.73 on the day of today's show.
Hedge Funds Are Shorting the VIX at a Rate Never Seen Before https://www.bloomberg.com/news/articl...
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.