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Is the Coast Really Clear?, Options Market Tea Leaves, and End of the ‘Safety Trade’? 3/30/23

The Exchange

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The Triple Queues Are Up Three-Fold Since the S&P 500 Since December Lows

A fire broke out on a ferry in the Southern Philippines and raged overnight for eight hours. Secretary of State Anthony Blinken, releasing a statement over Russia's widely reported detention of US journalist Evan Gursovich. The Nasdaq 100 is now 20% off its December lows. Are things as rosy as they might appear? Our next guest is our warning investors not to get too excited just yet.

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