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Ed Yardeni is making a clear call: “the market bottom is in”. Even after a volatile session, the veteran strategist told CNBC he’s sticking with that view — a sign of conviction at a time when markets are still searching for direction.
But one key signal isn’t lining up.
Volatility Isn’t Backing The Call
The Cboe Volatility Index, or VIX — widely seen as Wall Street’s “fear gauge” — is still hovering around the mid-20s, with a recent print near 24–27.
That’s not extreme panic territory, but it’s also far from calm. Volatility-linked ETFs like the iPath Series B S&P 500 VIX Short (BATS:VXX) and VIX Short-Term Futures ETF
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