BlockBeats News, April 2nd, due to the high uncertainty surrounding the U.S. tariff policy direction and potential market reactions, the panic index VIX rose to a more than two-week high of 24.80 on Monday and closed at 22.77 on Tuesday.
Mark Spindel, Chief Investment Officer of Potomac River Capital LLC, said: "I think the market is indeed holding its breath." He expects this "panic index" to potentially rise to the 30 level. This level typically signifies that the market is entering a highly risk-averse mode. (Jinse)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.