New Question: What will Monday bring?

ByEdward Pizzarello

Thanks to someone reading the blog, I now know that *just* the bond market will be closed today. This means that Treasury bonds won’t be bought or sold, so I have no idea how the market will react to that. For that matter, I have no idea how the market will react, period.

I had a discussion on Friday about the VIX, a volatility-measuring device. I had read an article that said once it got above 40, that usually meant we had seen the bottom. Well, it set a new record on Friday, closing above 70. The question was, can the VIX actually go above 100? My answer would have been no, but the friend I was discussing with pointed out that nobody could have conceived of a negative Treasury before the current crisis either.

My goal in life is to fill my family’s passports with stamps, creating buckets of memories along the way. You’ll find me writing about realistic ways for normal people to travel the world, whether you’re on a budget or enjoy luxury. I also enjoy taking us on the occasional detour to explore the inner workings of the travel industry.

Leave a Reply