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VIX spikes 10% as Congress flounders
Remember the VIX? Probably not. Wall Street's measure of volatility has been pretty forgettable in 2012. Not on Friday. The CBOE Volatility Index (VIX) spiked by as much as 10%. The index itself was...
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Wake us up when the US defaults, hedge funds say
Fund managers are barely paying attention to the drama in Washington, because they say it's impossible to make bets ahead of a debt resolution. And nearly every fund manager expects a resolution, even...
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