“There are periods when a given market pegs so far to one extreme or the other that it becomes hard to ignore. Such is the case with the market that measures fear – known by stock investors the world over as ‘VIX.’ VIX is telling us that fear – at least as it relates to stock prices – is dirt cheap. With what we know about markets and human nature, we do not expect fear to remain cheap forever. VIX is the symbol for the Chicago Board Options Exchange (CBOE) Volatility Index. It measures the volatility embedded into options traded on the S&P 500 (SPX) and reflects investors’ 30-day consensus view of the future.”
http://www.caseyresearch.com/cdd/whered-all-the-fear-go
Related posts:
Why Do They Need FATCA When They Have SWIFT?
Syria supports Kurdish self-rule vote that US labels 'illegitimate'
Bill Bonner: Trump’s Trade Deals Are a Futile Conceit
Al-Qaeda now a US ally in Syria
The NSA is giving your phone records to the DEA. And the DEA is covering it up.
Bernanke's Plan...If He Identifies Bubbles
Nigel Farage: This Is My Greatest Worry As We Head Into 2013
100 to 115 SWAT raids per day in the US
Bill Bonner: Gold versus paper cash
Ron Paul: Inflation is a Monetary Phenomenon
The National Security State's Incestuous Relationship with the Islamic State
Glenn Greenwald: About the Reuters article
Trump Travel Bans, Then And Now
Here’s Why Bernanke is Clueless…
Andrew P. Napolitano: More Holes in the Fourth Amendment