#1 Fear-mongering is real
That is the feeling that I am getting.
The article commented that the S&P 500 and the VIX, which is a measure of expected volatility, was moving in unison at times. More importantly, this resulted in a positive 10-day rolling correlation between the S&P 500 and the VIX, an event that has not happened since May 2019.
#2 Tesla’s futuristic cybertruck worried Wall Street
Let’s be honest. It looks pretty awesome.
I guess you cannot please all the financial overlords on Wall Street.
#3 Boeing release new Max plane
The problem is not so much about Boeing releasing new plane. It is about how the recent crashes revealed the lax safety culture in Boeing and if public confidence is restored.
#4 Consolidation in the US brokerage market?
The brokerage industry is a matter of the survival of the fittest. The introduction of commission-free trading will weep out the ‘weak’.
Have a good week ahead.
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- Direct indexing: The next chapter for ETFs?
Categories: Weekly Highlights