December 4, 2022 Trending New York News

What is Vix, the index of fear that has returned to the markets

It is a sort of barometer on the volatility and nervousness of the financial markets, which had been put on mothballs after the 2008 crisis. It is now at 53, in normal times it travels below 20 points.

It is a sort of barometer on the volatility and nervousness of the financial markets, which had been put on mothballs after the 2008 crisis. It is now at 53, in normal times it travels below 20 points.

The sharp drop in oil prices and the spread of coronavirus have “awakened” the Vix index, the one that collects the state of nervousness and volatility of the markets in a single issue, and which today travels above 53 points.

A sort of ‘thermometer’, a sign of the suffering of the price lists and the pessimism of the investors, which had remained ‘under control’ since 2008, the year of the Lehman Brothers crack when it broke through 60 points. The Chicago Board Options Exchange Volatility Index, to reveal the dynamics that are moving on the markets, is based on the performance of the options on the S&P 500 index listed on the Chicago market (Cboe) but is kept an eye on traders all over the world. world. In ‘normal’ times the Vix travels under 20 points.

At the start of the week, the “fear index” instead increased by 23% to close with a surge to 54.46 (after hitting 62 intraday), on the day Wall Street suspended trading for 15 minutes with the drop in the S&P 500 was almost 8% and the massive inflows of US Treasury bonds pushed the entire yield curve below 1% for the first time. And with gold, a good refuge par excellence, which has touched the highest levels for seven years. The thrust has also infected the European and Asian stock exchanges, not even sparing the squares of cryptocurrencies.

Markets now expect further monetary easing to support the economy and that the Federal Reserve will cut interest rates for the second time this month as governments prepare to launch aid and support packages to the economy from the United States. to Japan via Italy and Europe. “Investors are looking for signs that there is light at the end of the tunnel,” said Adam Sarhan, chief executive officer of 50 Park Investments, in New York. But it is not optimism that seems to prevail.

Wall Street attempted and rebounded yesterday, with the Dow Jones gaining 4.9%, the S&P 500 4.94% and the Nasdaq 4.95%. But volatility is just around the corner and the news that arrives on the health front, with over 118,000 cases and at least 4,290 deaths, does not bode well.

Banner
Related Posts

Inspirational Speaker and 6X Author, Kardell Sims, on His Journey to Success

September 8, 2022

September 8, 2022

Success isn’t always about the destination; it’s about the path, the journey that leads you to where your dreams and...

Get To Know David Tracy, A Fantastic Culinary Artist, and YouTube Food Show Host

November 16, 2022

November 16, 2022

It’s hard to find people who are actually multi-talented and are genuinely focused on creating tremendous opportunities for all those...

Robert Ritter, Founder and CEO of InsMark® Shares an Interesting Story of Gaining a Contract with a Major Life Insurance Company

June 21, 2022

June 21, 2022

Life never disappoints in surprising us. We fail. That is a reality. But sometimes, we fail unexpectedly. When we search...

Rena Malik Is a True Representation of a Doctor Whose Dedication to Work Is Changing the Lives of Millions Worldwide

July 28, 2022

July 28, 2022

There aren’t many medical practitioners who are using the power of social media as a tool, not for fame but...

6 Reasons Why You Should Look for Freedom in Life by Influencer Charles Thompson

March 29, 2022

March 29, 2022

What is freedom and why do people strive to get it? Charles Thompson is a freedom educator who highlights the...

Meet Content Creator John Jackson: An Influential Wine Collector and Educator on Social Media

April 18, 2022

April 18, 2022

Content that is educational and entertaining has been increasing in popularity on social media and is a very effective way...

Meet Arjun Dingra: A TaeKwon-Do Coach and Thriving Businessman of the West Coast

December 2, 2021

December 2, 2021

Arjun Dingra knew right from a young age that he was destined to be an entrepreneur. As an elementary kid,...

Sue De Chiara Has Come a Long Way – From a Real-Estate Attorney to a Full-Time Home Decor and Lifestyle Blogger

August 18, 2022

August 18, 2022

Certain plans in life never pan out to take the route we once envisioned some years back. We make elaborate...

Here’s How Having Grit to Achieve Sets Blogger Sylvia Fountaine Apart from Her Competitors

May 20, 2022

May 20, 2022

Having passion and determination for your goals is something widespread. But what makes us achieve these goals is true grit...

Online Marketing to Survive the Covid-19: How Harley Cannard Leads Companies to Boost Their Brand on the Web

March 26, 2021

March 26, 2021

Although society is constantly changing, forcing companies to reinvent themselves to satisfy demands, events such as Covid-19 have represented a...

A Splash of Style and a Spoonful of Glamor, Entertainment Personality Renée Ash Spills Her Success Story

September 30, 2022

September 30, 2022

If influencers are royalty then the internet is their domain, with social media as their kingdoms. And their reigns are...

A Spotlight On The Achievements Of Jacqueline Pappillion, Famous Influencer And Brand Ambassador

June 6, 2022

June 6, 2022

Jacqueline Pappillion is a famous influencer and brand ambassador working with multiple companies. To boost their business, numerous companies send...

Master the Art of Love and Relationships With DatingbyLion

July 16, 2022

July 16, 2022

Dating back in the day was relatively more manageable than it is today. Now, women are independent financially and need...

How Kodi Brown Is Trail Blazing In The E-Commerce Industry And Not Leaving Others Behind

March 26, 2021

March 26, 2021

According to Statista, in 2019, retail e-commerce sales worldwide amounted to 3.53 trillion US dollars, and e-retail revenues will grow to...

3 Things That Ninos Attributes To His Success In Dropshipping

March 26, 2021

March 26, 2021

Ninos Shamo worked extremely hard in the dropshipping business that he had just launched after watching some tutorials from YouTube....

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *

two − 2 =