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Olduvai III: Catacylsm
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The Market’s “Other” Panic Indicator Just Went Off The Charts

The Market’s “Other” Panic Indicator Just Went Off The Charts With indicators from macro-fundamentals (e.g. retail sales, core capex, inventory-to-sales) to market-oriented measures (VIX levels and backwardation, HY credit spreads, commodity prices) all flashing various colors of dead canary in the coal-mine red, we thought today’s colossal spike in the Arms (TRIN) Index was a notable addition. An Arms Index […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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