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Bloomberg TV appearance, October 3rd

On Wednesday October 3rd , I made an appearance on Bloomberg T.V. to talk about the CBOE Volatility index(VIX). I noted that the VIX November futures are trading above fair value, meaning sentiment is predicting an increase in volatility. Investors are uncertain whether the FOMC will change rates. Another pressing issue on the minds of investors is how the fall in housing prices will affect holiday retail sales. Less cash liquidity, combined with falling housing prices will typically result in higher volatility in the market.

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