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Edgar E Peters

Edgar E Peters

http://www.edgarepeters.com

Blog: The MOVE Index is not what it seems - Part 2

On Sept 1, 2022 I posted that the MOVE index is often misinterpreted. Last week's SVB failure makes this discussion relevant and worth continuing. The MOVE is an implied volatility index of US Treasuries. The index uses options on 2, 5, 10, and 30 year on-the-run US Treasuries.

Blog: Reflation comes back - For one last scare?

Flash Report: Market Uncertainty State Moves from Fragile to Turbulent (Corrected)

Flash Report: Market Uncertainty State Moves from Fragile to Turbulent

Blog: Hard, Soft or Aborted Landing?

Aeronautical terms have been popular form of market jargon for a long time. These days, of course, it’s what type of recession we’re going to have: a “hard” landing (which is a nice way of saying, a crash) or a “soft” landing, where we glide in without disturbing

Blog: Is the VIX Broken? Nope.

Recently I’ve read some market commentators declare the VIX1 “broken" as a fear index because it’s not always down when the market is up and up when the market is down. I’ve heard this story several times over the years, but the only time the VIX

Blog: Bond Yields and Markets Before the "Before-Time"

A phrase from Star Trek: The Original Show became popular during the 2020 pandemic, referring to the time before COVID-19 as the “before-time.” The phrase was lifted from a 1966 episode entitled “Miri.” The story took place on a planet of children where the adults had been killed off during

Blog: Groundhog Day (not the movie!) for the market

Aspiring market pundit, Punxsutawney Phil, saw his shadow on Thursday, forecasting 6 more weeks of winter for the northeastern US, and a potential bear market. While there is no evidence that Phil, or any other groundhog has forecasting power, the media continue to follow the ritual as a matter of