VIX, Dollar, S&P 500 Talking Points:
• Volatility was the conduit for an incredible rally for both the Dollar and US equity indices this past session and will remain so ahead
• The DXY Index posted its biggest single-day rally since Brexit while the S&P 500 marked its best performance dating back to Dec 24, 2018
• Event risk will defer to thematic issues (Italian stimulus and Fed rate cuts) inflamed by the coronavirus but the sensitivity of fear presides over all