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VIX surges 74%.  4 reasons probabilities argue this panic dip will be bought.

Equity markets fell sharply post-Dec FOMC rate decision, with losses of 3% to 5% across all major indices. The Fed is forecasting fewer cuts in 2025 (based upon their SEP, aka Summary Economic Projections) to 2 cuts compared to 3 cuts expected by markets (Fed Funds futures).

There was an across the board negative and panicked reaction to the Fed press conference:- US 10-yr yields rose 10bp to 4.512%- VIX surged 74% to 28- S&P 500 fell -3%, Russell 2000 -5%- NYSE tick worst ever intraday readi...

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