There’s been a lot of talk about the low level of VIX lately.
Just this past week Zero Hedge commented on VIX saying, “As Nasdaq melts up faster than Bitcoin, perceived equity market risk has utterly collapsed.
VIX just hit 9.92 as NASDAQ hit 6,100 (note the most recent low is 9.39 from 12/15/06 and all-time low at 8.89 on 12/27/93)
What is VIX?
In a new book by Danielle DiMartino Booth, FED UP An Insider’s Take on Why the Federal Reserve is Bad for America, VIX is defined. Danielle DiMartino Booth is the founder of Money Strong, LLC, an economic consulting firm. She began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. After working as a financial columnist at the Dallas Morning News, DiMartino Booth spent nine…
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