Sphere 3D Corp (ANY)

[donkschmonk]

Personally, I don't think it will be quite as bad as the intraday huge spike in VIX (our little panic indicator) suggested yesterday. The recovery was led by rising asset prices, and the Fed would rather initiate QE4 than let the economy enter into stagflation.

In terms of yield, there are no plays, other than stocks, the central banks around the world made sure of that and will continue to make sure of that as stagflation is the mensplus of any economy and takes years to get rid of. Governments would also initiate spending programs, monetary policy was the frontrunner, Keynesian fiscal policy will re-emerge.

Imagine a world where everybody out of fear hides in a lot of cash for a few weeks or months, soon after you will hear the famous (very true) slogan again: 'there is nowhere to put your cash in hope for any kind of meaningful yield, but stocks!'. For the above reason central banks around the world will (need to) keep this to be true. As sure as Yellen's hair is white and Bernanke had hair loss: fear of deflation :)