Semester 2 AS? Really panic?

Interest rates masih segitu-gitu saja, bond yield turun tidak fantastis.
Coba kita lihat indeks kepanikan pasar berbanding indeks S&P500 (lihat Chart
1). Apa kata numerik terhadap psikologis pasar.

*What Does VIX - CBOE Volatility Index Mean?*
The ticker symbol for the Chicago Board Options Exchange (CBOE) Volatility
Index, which shows the market's expectation of 30-day volatility. It is
constructed using the implied volatilities of a wide range of S&P 500 index
options. This volatility is meant to be forward looking and is calculated
from both calls and puts. The VIX is a widely used measure of market risk
and is often referred to as the "investor fear gauge".

*Chart 1*: S&P500 vs. VIX-5 years

[image: S&P500 vs VIX (US Market).gif]

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<<S&P500 vs VIX (US Market).gif>>

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