MSNBC The Rachel Maddow Show January 19, 2013
Horoscopes, whatever. If they start trading like crazy people for whatever reason, the vix goes up. It registers fear. What causes the vix to spike typically is news about the economy. Actual realworld events. This, for example, is what happened to the vix on october 24th, 2008, that big red arrow there. Thats when the stock market crashed in 08, one of the worst days of the great recession, record high vix. Another spike happened may 20th, 2010 when there was sudden new that is europes economy was even in worse shape than we thought. It spiked at a twoyear high august 8th, 2011, when the u. S...