April 19, 2023

Volatility Reports 4/19/23

The New and Improved Inflation

While everyone is happy about the fading of inflation in the regular reporting, there is a new wrinkle: The Saudi-Russia oil alliance.

The OPEC+ decision to cut output for the second time since President Joe Biden sought an increase in production will widen supply shortfall later this year. Not to mention the administration trapped short oil for the SPR. For consumers, gas and oil prices have been going up based on futures & spot, pushing inflation back up while funneling more money to Vladimir Putin and his war.

Looking at time and sentiment according to implied volatility readings have not

This work by Jack Cahn is licensed under a Creative Commons Attribution-NonCommercial 4.0 International