CBOE Skew at 3rd %ile, VIX at 8th, VXN at 6th — vol complex is pricing in a picnic

MOVE index at 65th %ile says the bond guys aren’t buying the calm This is interesting — equities are asleep while rates vol is twitchy, one of these is wrong Dow futures at 95th %ile, Kalshi says 83% chance of tagging 54k this year — not much juice left Copper and corn both at 92nd %ile, gasoline at 0th %ile — something is off in the reflation trade SHY at 100th %ile while WTI above $117 sits at 8.5% probability — market is long safety, short energy panic

MOVE index at 65th %ile says the bond guys aren’t buying the calm