Be Afraid. Be Very Afraid
Yet More Health Care Reform Blogging

Chartism

There is no law of nature that says that when the VXO hits 40 all stock market investors are so panicked already that every piece of news is going to be perceived as better than expected. Still... The Big Picture | S&P 500 vs. Volatility Index: Complacency or Capitulation? >Via Barry Ritholtz

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