A Surprising Volatility Hedge
November 24, 2014 at 07:15 AM EST
At one point during the month, the VIX, an index that measures the U.S. market’s implied volatility, surged to over 26 – nearly two times its average of 14 this year1. U.S. stocks ended the month as the clear winner returns-wise, but they also had some of the highest volatility of any region....
