I think I figured out the VIX spike to 65.

WARNING: Please put your tin foil hats on firmly, as you are now entering conspiracy theory territory. Thank you, enjoy your stay.

So good ole Larry wants SEC to investigate the spike as a head fake. Alluding to potential fraud. Aka everything is fine. Buffet is hoarding cash for no reason. That slut wants exit liquidity so please keep DCA.

What I think the 65 spike was everyone positioning for the carry trade unwind. Probably with bullet swaps and other instruments that have opaque reporting. But the moves somehow triggered VIX due to the size of the moves. Some people are safe some aren't. We'll see when the bodies start floating to the surface. 

The unwind starts when the rate cuts are announced. As the dollar will depreciate and unless the Yen similarly depreciates, people will get merked. Mind you the BOJ could devalue the Yen but everyday people are suffering enough as is but who cares about their suffering when it comes to markets. Otherwise rate cuts = gg

c/acc - 🏴‍☠️🌊 Bring me that Horizon 🍹
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http://icebreaker.xyz/syed.fc

There is no chance we don't get a rate cut in Sept. Only question now is how big.

Join the movement, create a better everything, all we need to do is keep building. seemore.tv/free/fc/justbuild /justbuild /powermonday. 

Japan is such a wonky market, too many savers, too much government owned everything, and keeping rate this low this long was just begging for this. But we've been waiting for the shoe to drop on them for decades, so who knows?

Yeah it’s more does Japan also do matching rate cuts or otherwise devalues yen. If not the carry trade is getting unwound.