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SPXN - The Markets Speak: Jerome Powell Is The Chosen One
ProShares S&P 500 Ex-Financials
In The Matrix, Morpheus declares that The One is:
"...a human with the power to manipulate The Matrix, who has been foretold to end the war between humans and machines..." - Wikipedia
The long-only leveragerati have finally anointed their chosen one, and it's Federal Reserve Chairman Jerome Powell. The Fed Chairman has crushed the VIX and has overseen the longest-running bull market (bubble?) in the history of finance.
For any who doubt the totality of the Chairman's medium-term victory, one need only to gaze at this chart of [[VXX]], which has been crushed in