Uppity Wisconsin

'Fear' Index Hits All-time High

Mon, 10/06/2008 - 2:18pm | mal contends

Who can argue that the Bailout Plan, incomplete though it is, is not needed to halt the fear breeding on fear? From Reuters:

By Doris Frankel CHICAGO, Oct 6 (Reuters) - An index regarded as Wall Street's fear gauge surged to a record high on Monday in a sign investors expect more stock market turmoil as they scramble for options to insure their stock portfolios.

CBOE VOLATILITY INDEX (^VIX) or Fear Index over Five Years

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Tags: Economy, banking crisis of 2008, CBOE VOLATILITY INDEX (^VIX), Doris Frankel, economy, Emergency Economic Stabilization Act 2008, Reuters, VIX, Wall Street crisis of 2008

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