Wall Street’s Fear Gauge Hits ‘Crisis’ Level After Historic Rise
Wall Street’s fear gauge, the Cboe Volatility Index (VIX), soared to its highest level in recent years, surpassing 40 for the first time. This rare occurrence is seen as a sign of extreme market anxiety and calls for an immediate policy response. According to Nicholas Colas, co-founder of DataTrek Research, this level is historically associated … Read more