It’s pretty simple: in three decades since the Cboe Volatility Index was invented, 2017 will go down as the least exciting year for stocks on record. There are three trading days left and the VIX’s average level has been 11.11, about 10 percent lower than the next-closest year.
About The Old Manse
The first shots of the Revolutionary War were fired nearby – and, less than a century later, Emerson, Hawthorne, and Thoreau spawned a revolution in American philosophy from here.
What makes the Old Manse a special place?...
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