.VIX YTD mountain Cboe Volatility Index in 2024 That is literally what the VIX measures: expectations for volatility over the next 30 days.
Was Monday a 'flash crash'?
A "flash crash" is a sudden and severe price drop that lasts for a very short period, usually a few hours.
"It appears that the sell-off of August 5th qualified as a flash crash, although it was rather modest by historical standards," he told me.
During the 1987 flash crash, Higgins said an investor was trying to orchestrate trades on the phone while he was preparing to go to his relative's funeral.
Persons:
Jamie Dimon, Alec Young, haven't, Mark Higgins, Higgins
Organizations:
Bank of Japan, Yen Trust, JPMorgan Chase, Fund, Dow Jones
Locations:
Japan, backwardation