The Great Financial Crisis of 2007-09 at times reminded me of “The Smell of Napalm in the Morning” scene in Apocalypse Now. It features Lieutenant Colonel Kilgore1 (Robert Duvall) who in the midst of an utter hellscape, observes with a knowing wistfulness, “Someday this war is gonna end.” Captain Willard (Martin Sheen) is dumbfounded.

Kilgore, belying the death and destruction all around him, knows a hot war is a once in a lifetime opportunity. Just because you were drafted, forced into killing or being killed does not mean you should not make the best of the situation. For him, that means Surfing. That he appears to be a psychopath does not mean there is no wisdom in what he suggests.

 

Read the Full Article Here: https://ritholtz.com/2020/03/what-is-this-vix-telling-us/?utm_source=Daily+AR&utm_campaign=8f44bf72da-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c08a59015d-8f44bf72da-140320913

Author: Barry Ritholtz

The offering, sale, and/or distribution of the products or services described on this website are not intended for any U.S. Person. If you intend to obtain any product or service from Prime Quadrant that is described on this website, you must first inform Prime Quadrant whether you are a U.S. Person. This website and its contents do not constitute an offer or invitation to purchase or subscribe for any securities or a solicitation of any offer to sell any securities to U.S. Persons. “U.S. Persons” are generally defined as natural persons, residing in the United States or entities organized or incorporated under the laws of the United States. U.S. citizens living abroad may also be deemed “U.S. Persons”.

Copyright © 2020 Prime Quadrant. All rights reserved.