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BLOOMBERG Whatd You Miss July 13, 2024

Meantime falling to 1. 1 trillion. So, japan widening its cap over china as the largest u. S. Treasuries holder. It looks like the dow, acid p, closing at record highs. This is not like a but ie surge higher, guess if you want to call it the melt up or whatever. We can talk a little bit about some of the hedging but i think our market reporters are standing by eagerly awaiting the chance to break it down. Lets check in with those reporters. You wereearlier today, talking about that skew index. An important factor to keep in mind for sure. Today, it is rising surprise. It is the quote unquote panic index. Everybody knows the vix index. Index is skew considered to be maybe a little more fine tuned. This chart going back to last summer, the vix and the twelves. The skew index, off the charts. Those investors, whether they were hedging or outright short, they were right. In the fourth quarter, the vix shot higher. We are starting to see a pretty interesting divergence. Skew going the highe ....

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