While fears bring out the bears, the light at the end of the tunnel bring out the bulls.
Financial markets will continue to be volatile until the global concerns ease. Do not hope that this will take a week or a month to ease!
The CBOE VIX, the fear index or the fear gauge, represents one measure of the market's expectation of stock market volatility over the next 30 day period. It has been above 30 since August 2011.
At the close of the US markets this morning, Greece is rumored coming to a favorable discussion with the troika. The school of thought from one side of global investors may bring out the bulls whereas another school of thought will bring out the bears.
Similarly, President Obama has suggested several proposals which are favorable to equity markets but the thought of getting it approve may seem difficult.
The expectation ...
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