The Money Is In The Thinking (guest: Morris Sachs)
The Market Huddle
00:00
Is the VIX Getting Subdued?
I was really hoping that we would get this Santa Claus rally and it would be, I thought that the Fed had moved somewhat more davish. However, I just look at what the guard has done. And to me, this has changed the whole narrative. It looks to me that the guard just came and gave us a big push off that clip. A global recession has become not a base case. It's definitely become much, much higher, much more probable based upon what the guard have done. You know, and it's going to be really interesting.
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