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

📆 04/09/2020 07:55:00
📰 Reuters

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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.

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

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