The recent, devastating news out of Japan not only tests the limits of global humanitarian efforts, but of the global economy as well. Japan is the world’s third-largest economy, and fears are spreading around developed nations about how the disaster could impact a worldwide economy that has been recovering from the recession in fits and
Something caught my eye over the weekend. The CBOE Volatility Index, referred to as the VIX and often considered a “fear gauge” for investors, is at its lowest point since Oct. 2007. Hmmm, Oct. 2007.