The VIX is trading at the bottom of its two-year range, a possible signal that fear is leaving the market. Paul Britton, of the Capstone Holdings Group, and Nouriel Roubini, of Roubini Global Economics, share their insight this morning on CNBC.
I think Britton's points at the end re most investors not having portfolio protection or insurance of any kind is really important. People who have amassed a bulk of their savings have to be worried about protecting themselves from loss. The vast majority of financial “advisors” never address the issue of meaningful protection, as if market risk is a wild card that can't be predicted or controlled. Abosulte rubbish…
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