Financial ‘fear gauge’ fluctuates wildly in volatile US

Financial ‘fear gauge’ fluctuates wildly in volatile US

Many financial experts have commented frequently in 2020 that stock markets have lost any connection they had to the real world, and as if to provethe point global indices generally responded positively to one of the most chaotic and potentially worrying days in the recent history of the US, the biggest economy and financial market in the world.Markets are supposed to hate uncertainty, but as the result of the 2020 US election veered from one alternative to another via multiple possibilities and knife-edge outcomes, the S&P 500 index, the most widely watched market barometer, took it all in its stride, ending the day up 2.2 percent and not far off its highs for the year.Maybe even more surprising than the S&P's equanimity was the performance of the Vix Index, the