VIX Through the Roof
The popular VIX index of volatility spiked upward through its two-standard deviation line last Monday, and has remained well above its mean since then. While the VIX isn’t always an indicator of recession, a spike in the index is certainly worrisome for the market.
VIX Wild Ride
VIX Reality Check
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Quotable
“Fragility is the quality of things that are vulnerable to volatility.” – Nassim Nicholas Taleb
“Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline.” – Philip Roth
“Volatility may be rising simply because investors must digest more information every day.” – Alex Berenson
