Finance at a Time of Stress: Stock Market Volatility and Risk
Harvard University and The Fletcher School, Tufts University
The Volatility Index (VIX), sometimes called “the fear index,” offers an indication of near-term uncertainty in the stock market. John Campbell shows how the index spiked during the 2008 Global Financial Crisis and COVID-19, and how volatility has remained elevated since the pandemic.
This is an excerpt from EconoFact's Roundtable 'Finance at a Time of Stress,' held on 27th April 2023, featuring John Campbell of Harvard University, Eric Rosengren, the immediate past President of the Federal Reserve Bank of Boston, and Christopher Smart, Head of the Barings Investment Institute. See more from the event below: