This paris type of attack is perfect. They can kill hundreds with low technology and don't need funding or coordinated plans. Actually there are so many easy targets in the USA, I can't believe we haven't had major terrorist attacks since 9/11
VIX futures didn't trade until 2005. You best guess is to look at Aug 2011 and use that as an estimate.
hehe, I knew you'd be doing the happy dance this morning.
I took a look. It doesn't seem like a "lock" and appears to be one of those "it works until it doesn't" strategies.
Assuming you are Nick, given your line of business I am quite surprised you dabble in 2x derivative ETNs
Its 2 times the futures that track the VIX. In contango, the vix futures are already above.so movements in the VIX are muted in this product. Usually TVIX % matches the VIX % movement (VXX tracks it about half), but since it tracks futures, not all the time.
By the way, a, PEG only lasts as long as they have enough reserve funds to exchange dollars for Yuan at that level. When they run out, it floats freely. If anything, the chinese government is subsizing the American purchasing power.. THIS IS A GOOD SITUATION!
Only export industries are hurt. Those industries selling to Americans do better off and those Americans with stronger purchasing power are better off. A strong dollar is undoubtedly good for MOST of the economy.
Actually a strong dollar is great for every except export industries, which is like 10% of the economy.
...or you have the leftists who lap up every piece of #$%$ that someone in the government tells them without challenging it.