- The seminal trade deal between China and the U.S. that was signed before the March 1 deadline;
- And the subsequent elimination of the trade deficit (indeed, now a massive trade surplus, quite positive for the U.S.);
- As well as the completion of the Mexican-funded border wall, which has sealed off the country……..
The VIX has been almost destroyed, having dropped from the upper 30s down to the sub-teens. The market literally has not been this give-me-another-bong-hit calm since last October 2nd.