Volatility Spike Enhances Allure of These ETNs
February 04, 2014 at 08:15 AM EST
One of the glaring items from Monday’s market meltdown was that the VIX, often referred as the “Fear Index” closed above 20 for the first time this year. Actually, the VIX closed at 21.44, its first close above 21 since December 2012. A sharp increase in volatility is often viewed as a negative by...