Vix is a weather vane, not a forecast
If world politics are incredibly tense right now, why is the Volatility Index so low?
Professor Menachem Brenner is 72. He’s done quite a lot in those years. He’s run two Ironman events, he races up the stairs of the Empire State Building for exercise, and he works out for an hour and a half most days at the NYU fitness centre. But he is perhaps most famous for his role in devising the academic underpinnings of the Vix – the Volatility Index of the implied volatility of S&P 500...
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