Divergence?....

Looks like I am right. Money is starting to pour in from Europe. If it continues we will boom then bust big time as nothing has changed since the last bust.

I've stock piled food just in case even though I'm not a "prepper"
you just never know!

In the mean time, this election is getting bizarre. Is this the best we can do?

VIX & EURO SWAP SPREADS – TWO DIVERGING RISK INDICATORS | PRAGMATIC CAPITALISM

This divergence is puzzling. Fundamentally it expresses a “decoupling” between risks in the US equity markets and risks in the EUR interbank funding markets. That decoupling is difficult to imagine because should there be a funding problem among European banks, it will definitely translate into risks in the equity markets.

Nevertheless the market is telling us that participants are pricing these two risks differently with continuing credit tightness in Europe not necessarily translating into a significant slowdown in the US corporate sector. For those who feel the fundamentals don’t justify such divergence, there is a trade in there somewhere.