Quick analysis of vix & spreads..
Click Here To Read: Uncertainty and the tale of two depressions
Abstract (via Vox.edu)
Today’s global crisis has been compared to the Great Depression in terms of world output, trade, and stock market value. To extend the comparison, this column proposes a new, historically comparable measure of economic uncertainty. The evolution of uncertainty in this crisis has been much less dramatic than in the 1930s.
Click Here To Read: Uncertainty and the tale of two depressions
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