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Wild Days Return to Stock Market as VIX Surges Like Never Before

  • Cboe Volatility Index has surged 157 percent this year
  • U.S. ‘playing catch up’ after EM sell-off: Saxo Capital
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Abby Joseph Cohen Sees Valuations Back to Levels Supported by Fundamentals

The days of low volatility are far gone, and recent tumult in the stock market has the VIX set for its biggest annual surge on record.

Not only that -- the S&P 500 Index has become more volatile than benchmark stock gauges of Asia, Europe and emerging markets: