AUCKLAND CASTLE AND THE US BANKING COLLAPSE
The Throne Room at Auckland Castle - Andrewrabbott - CC BY-SA 4.0
What does a 900-year-old English Castle have to do with the demise of Silicon Valley Bank and the recent fears of a US Banking Collapse? The answer lies in the VIX, the so-called Volatility Index, a measure of fear in the Equity markets.
The VIX saw runups in price during t…
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