Category: Financial Markets

The State of Africa: NIMBY

Remember the good ol’ US housing short? How could we forget it? Especially when Margot Robbie did such a splendid job of explaining it. Well, I recall something that Kyle Bass mentioned when being interviewed about his role in it. Prior to the isht hitting the fan, and while he

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Financial Markets
Chris MacIntosh

Are Your Knuckles White?

115.6% — that’s how much the VIX moved on Monday. And that was all it took to end the life of the VelocityShares Daily Inverse VIX Short-Term ETN (XIV). And now we have pundits on TV expressing their shock and dismay. Really?! This is plain silly. It’s worse abuse than

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