Cryptocurrency Bitcoin finally hit $60,000 and is holding! Just like in the movie Stargate with Kurt Russell.
Of course, the CS Fear Barometer is falling thanks to massive Fed money printing and balance sheet expansion.
The CS Fear Barometer measures investor sentiment for 3-month investment horizons by pricing a
zero-cost collar. The collar is implemented by the selling of a 10% OTM SPX call option and using
the proceeds to buy an OTM put. The CSFB level represents how far out-of-the-money that SPX put
is. The higher the level, the greater the fear.
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