China Trade Fears on Hold - Boosts Markets
The fear of a trade war with China has been put on hold with the US and China agreeing not to enact any new tariffs at this time sent the markets up immediately at the open. There has been a lot of hype on Bitcoin and other ICOs. We have written that we are not believers in crypto currencies at this time. Now, a senior economist at the Vanguard Group, the $5 trillion investment fund, is the latest market participant to pour cold water on the No. 1 digital currency. We are still think that until there is substantial regulations that crypto currency is still a gimmick.
There is a lot of talk about market manipulation and more specifically around the VIX. There are a number of lawsuits that have been filed since the big spike in the VIX this February. There are ways to manipulate jsut about anything. We can all google articles and see SEC enforcement actions as well where there has been manipulation or attempts.