The Wall Street Journal
Is the Stock Market Rally About to Rev Up?
FOMO in the stock market is back. The Cboe Volatility Index, or VIX, known as Wall Street’s “fear gauge,” has plunged from its October highs, and recently slid for eight consecutive sessions. “People are trying to position for a year-end rally at this point,” said Zhiwei Ren, a portfolio manager at Penn Mutual Asset Management.