Market Turmoil: Understanding the Recent Surge in Volatility
In a surprising turn of events, the Federal Reserve’s announcement regarding its interest rate strategy sent shockwaves through Wall Street, resulting in a seismic spike in the VIX, also known as the fear gauge. On Wednesday, the CBOE Volatility Index noted an astonishing 74% increase, closing at 27.62—an alarming departure from its earlier level of
