Having a very funzies time with this.

How many jokes/refs can you get into one headline? (Use the image credits, too, if need be!)

Well, can't say I quuuiieeeete understand this.

Because the month we’re in is usually easier to predict than the months we’re not, the Vix futures curve usually slopes upward. A downward slope happens when investors rush to buy protection from some immediate threat that’s just emerged. Structural inversion, or backwardation, means short-term expectations for market volatility are higher than long-term expectations.

The suddenness of last week’s move in the options markets was probably exacerbated by deleveraging by funds that harvest the difference between high implied equity volatility and lower realised volatility.

Fine, if you say so. But we should expect a recession from this because...?

With elections done, oil coming down, and the yield bet paying off handsomely for Den (#1606098), nothing bad is in the works!

As it stands, the only potentially market-moving event on the calendar for the next couple of weeks is Nvidia results on November 17 — and when was the last time anyone connected with Nvidia did anything surprising?