pricpr

I’ve been following the market closely, and in a recent CNBC interview, Jeffrey Gundlach shared my own cautious outlook on stocks. He’s looking at the VIX – that’s the Chicago Board Options Exchange’s volatility index, which essentially gauges how much swings investors expect – and it’s not giving him a lot of confidence right now. Basically, he’s saying he’s not overly excited about equities at the moment, and I tend to agree.

During a recent discussion on innovation in financial markets, Representative Sam Liccardo asked Randall Guynn, a director at the Federal Reserve, if the agency was updating payment systems fast enough. He pointed to Ripple as an example of technology that could make transactions quicker and less expensive.

This latest beacon of hope has piqued the interest of market participants, who gather like moths around a flame, pondering whether this setup may indeed cradle a short-term recovery.