Wall Street's 'fear gauge' spikes but unlikely to be pointing to a market crash

📆 04/09/2020 07:55:00
📰 Reuters

⏱ Reading Time:
7 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Wall Street's 'fear gauge' is soaring again, as investors spooked by Thursday's market decline rushed to load up on options protection, but analysts said the intensity of the move in volatility does not necessarily point to a market crash.

Prior to Thursday’s market drop investors were lapping up bullish call options in a bet that the market would continue to post new highs, said Rick Rieder, who runs BlackRock’s $23.2 billion Global Allocation Fund.

“The VIX is going to continue to trend higher for the next two months, regardless of what the equity markets do,” Frederick said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Trump will print more money to prop it up and leave Americans with the debt and inflation it causes.

Give me news,not opinion!!!!

😅🤣😂

Breaking news tmrw. The fed is going to be buying all the stocks.

being a billionaire must be like everyday is your birthday while across the land we evict families & old ladies in a pandemic opportunity for greater quarterly earnings ahead for first class gamblers.

We already 'know' about the U.S. Market Crash, because the Dollar 'is' Devalued! Isis

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street plunges as economic data indicates slowing economic recovery, tech stocks falterHeavyweights such as Apple, Amazon, Facebook, and Microsoft all saw steep losses after high-flying stock valuations lost momentum. Make it go up smh so much for the bounced back economy lie......
Source: NBCNews - 🏆 10. / 86 Read more »