What’s going on with the stock market/economy today?
Confused teenager here,
I was passively watching CNN and I was passively watching something about the stock market while my mom flipped out. A number was rapidly climbing from -100 to -350. Unfortunately I don’t really know what it means and I’d like to know.
Could someone explain what is happening and what it means for people?
As you can see by the VIX, there is a lot of uncertainty driving market behavior. Very similar to market conditions in Fall 2008. The stock market tends to be a leading indicator of economic activity by 6-9 months.
Today Stock Market