The ‘Vix’ volatililty index is closely watched for signs of anxiety – but how reliable are such measures?It’s known as the alarm index and investors watch it for signs of impending stock market crashes.
Until last week the Vix was among the calmest features of the international money markets. Then suddenly it exploded into life to register the largest one-day rise in its history. Related: By betting on calm, did investors worsen the stock market descend? | Nils Pratley Continue reading...
Source: theguardian.com