Haven assets in demand after day of heated rhetoric on North Korea and nukes
Not surprisingly haven assets such as gold and the Japanese yen are up today. So are volatility measures such as the CBOE S&P 500 Volatility Index (VIX.) Surprisingly, the rush to safety hasn’t been as strong as you might expect after a day when U.S.President Donald Trump threatened North Korea with fire and fury and that country responded by threatening to nuke Guam.
Why the huge intraday swing in stocks? The reason matters
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While U.S. markets take a holiday, global markets worry over North Korean missile launch
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Notes You Need for April 13: China exports, initial claims for unemployment, North Korea birthday nuclear test, bets on French election, iron ore, Argentina upgrade, venture capital, XLNX
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