The Fed And The Death Of Market Volatility, Bank Deposits Continue To Dwindle (VIX Down To 13.50) – Confounded Interest – Anthony B. Sanders

The Federal Reserve doesn’t care if market volatility has collapsed, even though volaltility is necessary for a well-functioning capital market.

The VIX, volatility of the CBOE S&P 500 index, has declined to 13.5 as The Fed continues to slow M2 Money growth.

And with M2 money withrawal, so goes bank deposits.

Is Jerome Powell actually Uncle Limelight?