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Analyst: Panic Index VIX Could Rise to High Safe Haven Level

1 days ago

On April 2nd, due to the significant uncertainty regarding the direction of the U.S. tariff policy and the potential market reactions, the panic index VIX rose to a level that was more than two weeks high, reaching 24.80 on Monday. It closed at 22.77 on Tuesday. Mark Spindel, the Chief Investment Officer of Potomac River Capital LLC, said, "I believe the market is truly holding its breath." He anticipates that this "panic index" may potentially rise to the 30 level. This level generally indicates that the market is entering a highly risk-averse state. (Jinse)
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