Dow futures at 100th %ile and the VIX at the 6th — that’s not a regime, that’s a dare

MOVE index screaming 94th %ile stress in bonds while equities nap — someone’s wrong Gold vol at the 2nd %ile is a coiled spring — not sure people appreciate how cheap tail hedges just got Copper at 100th %ile, corn at 94th — this is a reflation bet that hasn’t checked in with the bond market Kalshi gives Dow >54K an 83% chance — the issue is that’s already priced, so what’s the next catalyst

MOVE index screaming 94th %ile stress in bonds while equities nap — someone’s wrong