Two Remarkable Illustrations Show an Extreme Amount of Irrational Fear Built Into Markets

from King World News

With continued uncertainty in global markets, these two remarkable illustrations show an extreme amount of irrational fear built into markets.

From Jason Goepfert at SentimenTrader: “Traders are showing an extreme amount of irrational fear. “Irrational” is a matter of opinion, but for these purposes we’re looking at the Purified VIX indicator, which minimizes the influence of price activity in order to isolate the emotion behind the indicator (see chart below).

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