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Fari Hamzei

On Friday 22nd January 2010, said:


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$$ hearing comments on huge VIX move up this week >>> below is from a Private Message I got from one of our pro traders in our HFT Chatroom today... it should clear the air and feel free to RT...FH
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Policy uncertainty undermines confidence in financial markets as illustrated by the over 25% increase in VIX (a 5 point increase) from Tuesday, the largest two day percentage increase since the crisis period. Despite much focus on the administration?s announcement of new restrictions on financial institutions, the breadth of declines in stocks suggests a broader set of policy uncertainty. We highlight three sources: financial uncertainty over changing financial regulatory reform policy (as well as its broader effects on business confidence), China policy uncertainty towards lending, and continued European policy uncertainty towards Greece, as rising Greek credit risk spreads into the Euro currency.

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