Source: http://socfinance.wordpress.com/2011/03/28/can-you-measure-market-fear/
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Monday, March 28, 2011
Can you measure market fear?
Donald MacKenzie is again in the news. A recent article by Gillian Tett draws on MacKenzie’s work to make sense of the recent success of a sophisticated financial instrument. (Thanks to Martha Poon, illustrious ex-blogger, for the lead.) Tett’s article asks fundamental questions about the recent success of the Vix index, a proprietary product of [...]
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