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2024-08-16 | Education

VIX Spikes Amid Rising Iran-Israel Tensions: New Recession Fears

VIX spikes to levels not seen since the COVID recession, causing the S&P 500 to pull back 10% and renew recession fears. So, what’s behind this sudden wave of panic? Are we headed for a full-blown economic meltdown, or is this just a temporary blip in an otherwise resilient market?