It really is very quiet

We mean, for poor Macro Man “there have been only five prior days in his lifetime where the 30 day historical volatility of the SPX has been lower” — January 3-6, 1994 and September 12, 1995.

And consider this series of charts from Citi.

Continue reading: It really is very quiet

We mean, for poor Macro Man “there have been only five prior days in his lifetime where the 30 day historical volatility of the SPX has been lower” — January 3-6, 1994 and September 12, 1995.

And consider this series of charts from Citi.

Continue reading: It really is very quiet