Goldman Sachs Thinks This Volatility Index Should Be Much Lower
The VIX is trading like the U.S. is in a recession
Calm down, traders. Goldman says the VIX should be much lower.
Photographer: Scott Eells/BloombergThis article is for subscribers only.
Oh, how times have changed.
For much of the past year the story has been the extremely low levels of volatility in the market, but that trend came to a screeching halt last week when the Chicago Board Options Exchange Volatility Index rose to levels not seen since the financial crisis.