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rofgile (99.00)

I'm downthumbing the VIX now..

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October 21, 2011 – Comments (1)

I'm downthumbing the VIX - and I'll hold these downthumbs until its back near 15 points again.  Then, if it goes back to 40, I'll repeat.  The current period of fear and volatility is winding down, yet again. 

Things still look like they will be relatively healthy in the markets through 2012 at least.  We'll continue to see a slow recovery (rather than the much anticipated or hyped double dip).  Looking at major corporate conglomerates like GE or GOOG shows fairly decent revenues and profits continuing.

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Also, it is great that we (I mean the coalition and mainly France perhaps) got Gadhafi and we have one less onerous dictator.  In the last year we've successfully stopped both Osama and Gadhafi now, which have been two of THE major terrorist leaders of the past THIRTY YEARS.  We've finally got a fairly great working foreign policy against terrorism.

 -Rof 

1 Comments – Post Your Own

#1) On October 21, 2011 at 4:19 PM, rofgile (99.00) wrote:

The Atlanta FED Macroblog is also noting that the economic surprises have been turning positive again, after the surprise slowdown period this summer:

"We at the Atlanta Fed regularly monitor the data series that directly enter into the GDP calculation, along with important other series, including employment… In the months leading up to July, the downside surprises in the data dominated. In August and September, upside and downside surprises were roughly equal. But in October, the surprises have generally been to the upside."

 (Macroblog) 

So, this fall has been looking like a bit more positive..

 -Rof 

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