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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, with equities down sharply so far this week, the VIX has been headed upwards leading the curve to flatten. We delve deep into what this means for the probability of the VIX dramatically surging like early last year. Next, we turn to yesterday’s Senior Loan Officer Outlook Survey courtesy of the Fed which showed some weaker lending and demand. We show some of this data like credit card, auto, and real estate lending in further detail. We finish off tonight’s Closer with a recap of today’s JOLTS report which was substantially stronger than forecasts.

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