24_11_05_markets

so let's spot these moves at the same time vegas prices in his win. attribute all the movement in the futures markets to the movement in the vegas probabilities -> ~100. maybe the causation is in the other direction or maybe it's not but who gives a fk. run the neural net yourself.

crypto the biggest winner followed by stocks. typical cyrpto vol higher than everything so maybe these moves are the same once you adjust for that. don't fool yourself by trying to say anything more conclusive than that. the pure speculation asset and the responsible man's speculation asset both like whatever it is our prodigal son has in store for us.

biggest losers were vol em and duration. if you thought uncertainty was going to increase after the democratic process you lost. if you thought your money invested abroad was a good idea you lost.

and then duration. with the 10yy firmly in the mid 4s borrowing costs continue to work themselves back to pre-gfc levels. i guess people want to get paid more if you want to borrow their money and them not be able to participate in the returns to equity risk.

in the rest of the market that one commodity moved alot in that direction and a few fx pairs moved in some other fucking direction probably i promise. but those moves suggest absolutelyfuckingnothing so spend time looking at things that matter and not those that don't.