Goldman Sachs says Wall Street's fear gauge is flashing a warning sign unseen since the dot-com crash in 2000
Goldman Sachs said Wall Street's most popular fear gauge is flashing a warning sign not seen since the bursting of the dot-com bubble in 2000.
Strong volatility in tech stocks and investor concerns over the US election results are key factors pushing the volatility index higher, analysts wrote in a note dated September 3. A market that is steadily rising or falling has low volatility, but one in which rapid rises and falls follow in quick succession shows high volatility.
Goldman said this trend has been upended as both the benchmark S&P 500 and VIX index have been moving in tandem.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China bond inclusion in WGBI may drive $140 billion in inflows: Goldman SachsThe anticipated inclusion of Chinese government bonds in a major global index could draw an additional $140 billion into Chinese bonds, Goldman Sachs estimates, potentially offering a further boost to the yuan as China opens its capital markets.
Read more »
Goldman's 'favorite' commodity has been on a tear, and could have further to runCopper prices have experienced a remarkable resurgence since the late March crash, hitting two-year highs last week, and Goldman Sachs believes the rally has further to run.
Read more »
Stock market crash: BofA indicators say September meltdown may persist - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
How a Wall Street food truck turned into Atomic Wings, Dunkin' empire - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Tesla could be the most dangerous stock on Wall Street, investment researcher saysTesla shares may be up 400% this year, but one investment researcher is sounding the alarm on the stock.
Read more »
China bond inclusion in WGBI may drive $140 billion in inflows: Goldman SachsThe anticipated inclusion of Chinese government bonds in a major global index could draw an additional $140 billion into Chinese bonds, Goldman Sachs estimates, potentially offering a further boost to the yuan as China opens its capital markets.
Read more »