Business Insider: “The stock market’s fear gauge just signaled the bull market is alive and well” - DataTrek Research
20 Sep
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Business Insider: “The stock market’s fear gauge just signaled the bull market is alive and well”

By datatrekresearch in IN THE NEWS Business Insider: “The stock market’s fear gauge just signaled the bull market is alive and well”

Excerpt from Business Insider quoting DataTrek co-founder Nick Colas:

.... "The bull market in stocks is alive and well based on the stock market's fear gauge, according to a Monday note from DataTrek Research.

DataTrek highlighted that the CBOE Volatility Index, better known as the VIX, closed at a post-pandemic low of 12.8 on Thursday, representing its second sub-13 close for all of 2023....

"What the ultra-low VIX is telling us is that none of these concerns matter enough to offset a fundamentally strong picture for US corporate earnings and the belief that the Federal Reserve is largely done hiking rates," DataTrek co-founder Nicholas Colas said"....

Full article here on Business Insider.

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