‘Subdued’ VIX ETFs Suggest Complacency
Posted on November 12, 2012 at 15:10 PM EST
The S&P 500 is down about 6% from its September high but volatility-linked ETFs that track VIX futures contracts have hardly budged, suggesting investors aren’t too worried about further damage in the market. The CBOE Volatility Index, Wall Street’s fear gauge, has been “subdued during the...