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The VIX Is At Its Lowest Point In A Year–But Don’t Get Complacent Just Yet
FYI: Investors’ expectations for gyrations in the stock market dwindled to a one-year low this week. The CBOE Volatility Index, commonly referred to as Wall Street’s fear gauge, closed on Tuesday at 11.97–its lowest level since July 17, 2015, when it hit 11.95. That’s a remarkable development, given less than a month ago, during the height of investors’ anxiety over the U.K. vote to exit the European Union, the VIX spiked to as high as 25.76. Regards, Ted http://blogs.wsj.com/moneybeat/2016/07/20/the-vix-is-at-its-lowest-point-in-a-year-but-dont-get-complacent-just-yet/
