VIX -28% in 2 days --> rally signal. Curiously, inflation risk premia now negative -1.35% vs +1.25% in March, showing market believes inflation transitory = another signal against Financials

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STRATEGY: Curiously, inflation risk premia now negative -1.35% vs +1.25% in March
UK cases still creeping upwards, due to the Delta variant...

Daily COVID-19 cases are creeping steadily upwards in the UK.  We first wrote about this two weeks ago and since then, the reported daily cases have been slowly and steadily rising.Â...

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