Today, we added some more risk with R Option and R Option Mini near the lows of the day. As mention last weekend VIX its low. After some conversation with European Hedge Funds and bank prop-desk they confirmed that FX and VIX strategies are under performing the broad indexes. In a few weeks, I will post Hedge Funds Index Data.
From Reuters:
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year.
In a bullish statement following the end of a two-day policy meeting, the central bank also said consumer spending continued to be solid, business investment had firmed and inflation has been “running close” to the Fed’s target.
“The committee views the slowing in growth during the first quarter as likely to be transitory,” the Fed said in a unanimous statement.
