Economics: VIX at 72. Now What?

VIX at 72. Market in a panic. Last time this happened, Bear Stearns and Lehman Brothers gave up the ghost, and the Great Recession was underway. Action to take: nothing. Seriously, nothing. At least as it relates to the stock market itself. Wall Street isn’t...

When Did the 2020 Pandemic Recession Start?

When we look back, we will note that the recession began the week of February 16-23, 2020. That’s when the VIX, which was already unsettled, really took off, and Treasuries took a nosedive. Data from the St. Louis Federal Reserve Bank, displayed on a logarithmic...

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