Era of Calm Ends as Volatility Returns to Markets
An Essential Guide to Market Lingo. Market’s Big Bet on Calm Turns Ugly. Treasury Secretary Tries to Ease Concern. Heard on the Street: How the Bull Market’s Greatest Trade Went Bust. The VIX was invented 25 years ago as a way to warn investors of an imminent crash, but it has since morphed into a giant casino of its own. ................
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