The above chart is the VIX. Sometimes it's called the "fear index". Whatever you want to call it, it's a quick way of looking at how much investors are willing to pay for downside protection in the market. Right now, complacency is high, and nobody wants to pay much for "insurance."
Once again, we're getting close to what's been a floor for the index (since the crisis) and so it seems inevitable that something is going to come along and jolt everyone awake.
MORE
No comments:
Post a Comment