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1 Article
Source: Common Domain

How Wall Street’s ‘fear gauge’ is being rigged, according to one whistleblower

Wednesday 18:15 GMT

The VIX has underpinned a number of strategies described as so-called short-volatility, which imploded dramatically last Monday when VIX, also known as Wall Street’s fear gauge, registered its largest percentage change in its history, cratering bets that volatility measures would fall, if not remain muted.

Non-institutional holders of these ETPs  were approximately 21% of total holdings in the last reported period, he said, with the remainder consisting of “sophisticated institutional users who employ inverse VIX ETPs as part of a diverse mix  of trading and investing strategies.”

1 Article
Source: The Guradian

My six years covering neo-Nazis: 'The system is rigged to benefit white people'

Sunday 09:55 GMT

The Norwegian journalist Vegas Tenold started reporting on neo-Nazi and KKK rallies in 2011, six years before the violent clashes in Charlottesville, Virginia, that made the resurgence of white supremacist groups into an international news story.

Tenold’s new book, Everything You Love Will Burn: Inside the Rebirth of White Nationalism in America, excerpted here, chronicles the experience of those six years.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte