The Cboe Volatility Index, or VIX, also known as Wall Street’s fear gauge—is on track for its sharpest gain to start a year on record and its biggest monthly surge since the COVID pandemic took hold two years, as anxieties about Federal Reserve policy, surging inflation and the economic rebound from the viral epidemic converge to knock risk assets decidedly lower.
The VIX VIX, +12.69% was trading nearly 98% higher so far in January, which would mark its sharpest monthly gain, if the advance holds, since the a 112% surge in February of 2020, FactSet data show. Check out: Stocks Plunge, Bitcoin’s Slide Deepens—and What Else Is Happening in the Stock Market Today
Youre late. Headline should now read investors buy the dip after the multi-day sell off on inflation, Fed worries.
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