More people in late 20s still living with parents
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The rising cost of buying or renting home has led more to remain in the
family home, a think-tank says.
30 minutes ago
North America 2007 SUMMER in MAY //usa2007blogspot.com
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The VIX index, which measures the implied volatility of S&P 500 index options, increases when market uncertainty takes over and decreases as fear subsides. VIX has been trading near 39 over the last few days.
Jim Strugger from MKM Partners suggested to clients that 40 figures for the VIX will be the norm over the next couple of months, according to Barron’s.
MKM’s analysts believe “an increase in VIX toward the mid-40s is likely in the near-term and would position into equity market weakness via hedges and long volatility exposure for the possibility of an even higher-magnitude shock.”
Director of floor operations at UBS Art Cashin told CNBC that stocks will continue to be “very volatile and shaky,” directed by moves in the European markets until at least Obama’s jobs speech Thursday night.
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