Panic in Volatility Markets Is Getting Even Worse Than Stocks
- Vix is surging even faster than equities are tumbling
- Volatility gauge jumped Friday to highest since August 2015
This article is for subscribers only.
The worst week for stocks since 2008 looks even scarier in the volatility market.
This below chart shows the difference between the daily percent change in the S&P 500 and the net change in the VIX Index, a gauge of implied volatility often called Wall Street’s fear gauge. Readings above the red line indicate the VIX increase was larger than expected for a given retreat in stocks, or the fall is smaller than anticipated for an increase in equities.