2024-08-16 | Market Dive
VIX Spikes Amid Rising Iran-Israel Tensions: New Recession Fears
VIX spikes to levels not seen since the COVID recession, causing the S&P 500 to pull back 10% and renew recession fears. So, what’s behind this sudden wave of panic? Are we headed for a full-blown economic meltdown, or is this just a temporary blip in an otherwise resilient market?