CBOE Implied Correlation Index Hits New Record

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The CBOE Implied Correlation index has hit a new record – and this is usually bearish.  From ZeroHedge: The CBOE Implied Correlation index has just hit another historic plateau, touching on 85 earlier in the day, which means that all those who believe relative value can still be found are about to be carted off. […]

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We’ve written a lot about the outlook for the Euro and the Eurozone recently, and any way we slice it, it sure doesn’t look good! Perhaps fellow contrarians David Galland and Kevin Brekke can find a silver lining to these dark storm clouds?  Read on to learn more… *** The Euro Is Screwed By Kevin […]

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