Odd's & End's
Although the VIX has returned to normal levels, the recovery of the last few months was an interruption in a bearish trend.
The short covering support that had been helping to boost markets since March has evaporated, stocks are now down by around 7% over the past month.
The Japanese market led the way last week with a drop of over 5%, while oil prices fell by more than 10% to close under $60/barrel.
The short covering support that had been helping to boost markets since March has evaporated, stocks are now down by around 7% over the past month.
The Japanese market led the way last week with a drop of over 5%, while oil prices fell by more than 10% to close under $60/barrel.
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