Donald Trump and Kim Jong Un met last week in Singapore. At the meeting, Donald shared a four-minute movie trailer called "A Story of Opportunity for North Korea"
I was a little surprised by the video clip that Trump brought with him. I don't normally think about diplomacy and videos. But, it is a new world.
It depicts a brighter future for North Korea in the event of a nuclear deal. It also presents a stark choice to Kim ... trade in your nuclear weapons for a peace deal with the U.S., or don't and you'll be decimated.
Was it me, or does the video seem strangely reminiscent of a pitch you might receive for a real estate deal or a timeshare?
It's worth a watch.
Was the intended audience Kim Jong Un, American voters, or the World?
Did it remind you of Ronald Reagan and Mikhail Gorbachev?
It will be interesting to see the results of the movie ... and this meeting.
What did you think?
Understanding the VIX
Regardless what you're trading, the VIX can be a helpful index to monitor.
The VIX is an index that's commonly known as the "fear gauge." It tracks how quickly asset prices move (or, in other words, their "volatility").
While you can't invest in it directly, you can invest in derivative products like VIX futures, ETFs, inverse ETFs and more.
The infographic below is a good primer, and you can download RCM's full whitepaper here.
VIX trading volume is increasing nicely. Meanwhile, it is also a valuable data source.
I'd love to hear how you use it.
Posted at 08:40 PM in Business, Current Affairs, Ideas, Market Commentary, Trading, Trading Tools | Permalink | Comments (0)
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