Browse Stacks: Analytics: Indicators: 20171018_EOD9.jpg (968×502)
RECORD: 'crash' risk (SKEW) has never been this high relative to 'normal' risk (VIX)
Skew is junk. Low VIX is better as a predictor
Shouldn't say junk, "not as good"
Wonder where it was in '87?
The yield curve is the best indicator 2-5 yrs treasuries vs the classic bond, at levels close to 2008, 2001, 1989 and 1987. VIX levels in 1987 didn’t exist. (First calculated 4/1/93)