Monday, October 25, 2004

Yellow Light on the Street?

Yellow Light on the Street?
Given record high oil prices, turmoil in Iraq, rising interest rates, and a closely fought U.S. Presidential election, you'd expect the stock market to be volatile -- subject to big, sudden movements. Yet the market is registering some of the lowest volatility readings in nearly 10 years, as measured by the Chicago Board Options Exchange (CBOE) Volatility Index, better known as the VIX.
Leon

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