On Friday, a widely watched measure of stock-market volatility flirted with its highest level since the Great Recession before settling at a mere four-year high. Does that mean it's time to panic?
An index pundits love to call Wall Street’s “fear gauge” is flashing red. Should we panic?
At one point in Friday’s hectic trading, the Cboe Volatility Index, better known as the VIX, was higher than it had been at the close of any trading day since the Great Recession. It recovered slightly, but remained at a four-year high when markets closed.
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