Don Curren 🇨🇦🇺🇦Jul 11, 2025
1 Bloomberg: How desensitized have #traders become to the dangers posed by the #global #tradewar? Well, it’s risk-on everywhere you look: The #VIX index of #US #equity #volatility dropped this week to the lowest since February … 🧵 #tariffs #markets #stockmarkets
Show threadDon Curren 🇨🇦🇺🇦Jul 11, 2025
2 … while an equivalent measure of fluctuations in the #Treasury #market fell to the lowest since 2022. The #S&P500 set another record high, as did #Bitcoin, which is perhaps the purest play on #animalspirits. 🧵 #markets #tariffs
Show threadDon Curren 🇨🇦🇺🇦Jul 11, 2025
3 Bloomberg: “Record highs and a low #VIX signals #markets have already priced in perfection — a soft landing and a clean unwind of #tariff #risks — which feels wildly out of sync with the real-world picture,” … 🧵
Show threadDon Curren 🇨🇦🇺🇦
4 Bloomberg: … said Hebe Chen at Vantage #Markets in Sydney. “A pullback is very much on the table, with the #S&P500 glued to #overbought territory.”
Jul 11, 2025 at 11:38amWeb