VIX - Michael Burry probably

    Posted by DigiNomad on 19th of Sep 2023 at 04:24 pm

    VIX - Michael Burry probably losing his mind and beating the crap out of his drums again as he watches the VIX stagnate, like he watched bond ratings improve in 2007 while the actual mortgage bond market was imploding.  Markets are definitely rigged (in legal and illegal ways), but they eventually catch up to themselves despite all the efforts to prop them up.  The 401k system feeding into a indexed market makes true price discovery hard enough, but then add in money printing, fiscal madness and ZIRP, and it's easy to see why the booms always lead to a bust. 


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