Is Low Volatility a Trap?

The VIX ended at a 24-year low on Monday:

• MarketWatch – This extremely quiet market could be setting a trap for investors

• ZeroHedge – “Vol Be Crazy”: Deutsche Wants To Know When The Insanity Will End
• CNBC – This chart shows why market volatility may be about to surge from its 23-year low

Bloomberg has a nice recap from the annual Sohn Investment Conference, one of the hedge fund industry’s big events, where Hedge Fund Managers discuss their latest trades:

• Bloomberg –  Here’s What Some of the World’s Top Money Managers Are Betting On

Of course, with most Hedge Fund’s recent performance – it might make sense to do the opposite of what they are recommending.

Looks like the Donald has been exaggerating again:

• Forbes – Donald Trump Has Been Lying About The Size Of His Penthouse

No surprise – Wegmans ranks as Americans’ favorite grocery chain:

• Business Insider – This regional grocery chain just beat out Trader Joe’s to be named best in America

Extra: A lot of Canadians are broke:

• ZeroHedge – Half Of Canadians Have $200 Or Less In Savings