It is the 20th of August 2017

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VIX To Double Within A Year, Natixis Warns

Vol-sellers beware. That's the message from Natixis Global Asset Management’s Brett Olsen and Nicholas J. Elward, in their latest note, as they warn "it stands to reason that the market will see a reversion to the mean and find the VIX trading in the 20+ range before too long."

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General Warns U.S. Is Prepared For War In North Korea: "Self-Restraint Is A Choice"

Following North Korea's latest provocation, the launch of an ICBM that, for the first time, demonstrated North Korea's ability to strike the continental United States, General Vincent Brooks, Commander of Combined Forces Command and General Lee, Sun Jin, Chairman of the Republic of Korea Joint Chiefs of Staff, made a rather forceful combined statement directly warning North Korea they're prepared for war at any time.

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Russia, China Rule Out Military Action In North Korea, US Responds "Will Go Its Own Path" If Needed

Russia's deputy U.N. envoy on Wednesday said military force should not be considered against North Korea and also called for a halt to the deployment of a U.S. missile defense system in South Korea. "The possibility of taking military measures to resolve the problems of the Korean peninsula should be excluded," said Deputy Russian U.N. Ambassador Vladimir Safronkov. "We express our support to the idea of North and South Korea engaging in dialogue and consultations."

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Haley: US Will Use Military In North Korea "If It Must"

The war drums are beating louder, and as US Ambassador to the UN Nicky Haley said moments ago as she speaks live (webcast), the North Korea launch is clear, sharp military escalation and the US will use the full range of its capabilities in North Korea including military force, "if it must." Her key soundbites from Reuters and Bloomberg:

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