Today. the scene was kind of mixed but basically flat. People that watch the Fed say that the second and third days after the FOMC the effect wears off.
One thing that hasn't worn off is inflation. Naturally, real inflation would include food and fuel, and you guessed it. The past two months have seen a ten percent jump in fuel and food. Iraq and the Ukraine have really contributed with a one two punch. The <Fill In The Blank but Not Really> In Chief gave up on red lines since the last couple have been all but obliterated by tanks and other assorted heavy weapons. Presntly, he is AWOL, probably getting phones and pens extracted from nether orifices.
Hedge On I say. Looks good on Paper, but also shows the limitations of Volatility Hedging or Crash hedging since it is static, not dynamic, as you know. We are the Dynamic Part. <3
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