Study of the Week: What Do a 'Low VIX Is Bearish' Argument and Manti Te'o's Girlfriend Have in Common?
Unless you live under a rock you’ve heard about Manti Te’o's fictional girlfriend. Although there is a lot more to this story that we don’t know one thing is for sure: She never existed and it fooled a lot of people. What does this have to do with the VIX you ask? Well for whatever reason we continue to hear how a "low VIX" is somehow bearish for the SPX. Turns out this is just another myth. I’ll take the reins from Deadspin and report on this one now. How many times have we heard that a VIX of ...
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