Volatility Sleeps, Risk Doesn’t
Higher stock prices (NYSEARCA:DIA) have kept a lid on stock market volatility. The S&P 500 volatility index (ChicagoOptions:^VIX), also known as the “fear index,” has now fallen around 17% over the past month and is back below its 200-day moving average. Does the stock market’s general lack of fear mean that volatility has reached a permanently low …