CHART OF THE DAY: Unprecedented Short Term Leverage

In today’s Chart Of The Day, I doodled on my content partner, Tier1 Alpha’s long-term US Equity Volatility Regime chart:

A) That’s a MUCH scarier chart than anything I can find in Japan
B) The last 2x this chart went red were the last 2x we made the #Quad4 calls
C) There’s more short-term leverage in that chart than at any other time in human history