kaps

Don’t Blame Wall Street - At Least Not Completely

Good article. I agree with OldLimey..people of America have too much of free lunch..living off rich lifestyles on credit cards..

VIX Goes Global, But Will It Translate?

A beginner here. AFAIK, VIX is calculated using weighted average of range of options on S&P500. I am not sure what an option on VIX would mean..whether it will help investors hedge better against the volatility or is it just a tool in hands of speculators which will end up introducing more volatility into the market??