Posted on 02/25/2020 12:23:25 PM PST by Vendome
Oil pared losses and world stocks seesawed on Monday as cost-cutting plans by General Motors and economic data offset fears that a flu outbreak could spread into a pandemic and further strain a global recession.
Investors who reckoned markets would fall on fears that the flu outbreak in Mexico could spread worldwide with dire consequences were forced to reverse their bets and buy stocks.
(Excerpt) Read more at uk.reuters.com ...
Oh, I only write like that annoy nOObs...
What does that mean? Volatility Index
Options? I don’t know much about that.
Thanks!
I think they call it the VIX index
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