Truly insane.
@GoldmanSachs Panic Index closed sub 1 while MOVE and CDX were near ~100th percentile and VIX stayed in the low teens.
Equities are not pricing the same fear as rates and credit.
@GoldmanSachs Panic Index closed sub 1 while MOVE and CDX were near ~100th percentile and VIX stayed in the low teens.
Equities are not pricing the same fear as rates and credit.
