Barron’s: “Why the Stock Market Drop Is Far From Over”
By datatrekresearch in IN THE NEWS
Excerpt from Barron's quoting DataTrek co-founder Nick Colas:
.... "Equities are caught between a strong, inflation-enabling US economy and worries of a wider Mideast conflict that creates the preconditions for a recession,” writes DataTrek Co-Founder Nicholas Colas.
In a Tuesday note, he points out that the CBOE Volatility Index, which measures implied volatility and is often referred to as the market’s fear gage, closed at 19.2 on Monday. While that marked a surge for the day, it was still short of the long-run average level of 20, along with the one-year closing high of 21.7 seen during the market’s October lows"....
Full article here on Barron's.
