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VXX’s success this year bodes ill for the overall stock market. While the ETN has only been around since 2009, estimating how the index might have fared in previous years paints a bleak picture for the near-term outlook for U.S gentleman cufflinks. stocks. “It wasn’t trading then, but 2007 and 2008 would have been up years,” said Vance Harwood, who runs the alternative investment website Six Figure Investing and has studied VIX products extensively. Harwood estimates that VXX would have gained about 40 percent in 2007 and more than doubled in price in 2008, as the stock market got hit by the global financial crisis..
Others also see the similarity. “This year looks a lot like 2007,” said Typhon’s Thompson gentleman cufflinks. “I am not predicting a 2008 next year but we had a pretty fundamental transition this year from the old low volatility regime to the new higher volatility regime,” Thompson said. Regardless of whether VXX’s strong performance is a portent of trouble for stocks next year, higher levels of daily stock gyrations should draw more investors to the ETN, analysts said. “With volatility in the 20s for the VIX, I think it is an excellent product to be long,” said Parplus’ Carney..
BERLIN (Reuters) – Germany’s leading industry groups said on Wednesday that Britain’s departure from the European Union and trade disputes triggered by U.S. President Donald Trump’s ‘America First’ policies were posing the biggest risks to growth and prosperity. The German economy, Europe’s largest, is expected to post its weakest growth rate in many years in 2018 as exporters are facing headwinds from abroad gentleman cufflinks. But vibrant domestic demand means many companies are still able to expand business..
In a survey conducted by Reuters, the heads of Germany’s leading industry associations said they did not see the economy entering a recession and that most forecasts were predicting a solid growth rate of around 1.5 percent for 2019. But the industry associations said the economic woes of company executives were increasing and the government should do more to help them, for example by lowering corporate taxes and investing more in digital infrastructure gentleman cufflinks. “The biggest risk in the short term is Brexit,” said Dieter Kempf, president of the BDI industry association..
If Britain left the EU in March without any agreement on its future relations with the bloc, this would create massive uncertainties for trade and business, Kempf warned. “The British economy would face the direct threat of a recession which would indirectly also affect Germany,” Kempf said. Holger Bingmann, head of the BGA trade group, said Brexit was the “most urgent problem for the German economy” while an escalation of international trade disputes sparked by the United States could potentially derail the economic upswing gentleman cufflinks.