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BLOOMBERG Whatd You Miss March 29, 2016

Way higher. Stocks ending higher, tech and utilities leading the gains for the s p. Utilities would make sense, when it comes to rate rises. The highest for the s p this year, positive territory yet again. It does feel like this is a general risk on a rally, people are not differentiating that much at this point in time. And they are already not on the fix. Vix. We saw the volatility go down a bit. And tracy, you pointed out, a lot of Hedge Fund Guys were into the vix. It is at the highest level since 2004. Tracy they are not going to be happy with that vix collapsed. We could see that exacerbate the fall. That is something to watch for sure. Lets take a look at currencies. Yellen is talking, dollar falling on the back of this. It is now on course for its worst month in five years. Which is pretty amazing. Because we have that weaker dollar, that is feeding into emerging market currencies. Idiosyncratic situation in brazil right ....

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