The S&P 500 index is up 24 points ahead of today’s pivotol FOMC policy statement. The VIX corresponded with a 6.5% selloff. Yesterday, Brian Stutland appeared on Bloomberg T.V. and discussed how the VIX futures’ markets were predicting a rally in the broader market, and this one time, Brian looks to have been right. 🙂
click the link below to listen.