Wall Street’s volatility game masks exhaustion before crash. Amazon prime day sales are down 41% year over year. Yield curve’s sharp rise stokes fears recession may already be here
Market runs on manufactured momentum and ticking clock… $VIX puts are being bought just before $SPY ramps like what's shown below to suppress vol further and cause an automatic rise in equity prices. This also happened yesterday and Monday. They didn't need to do this last week as the momentum trade was on its own. …