The growing hostilities between China and the US regarding trade has resulted in VIX contagion .. in both the US and China.
But this is not the end of the world. VIX has been higher in both China and the US in late 2018.
But today’s VOLATILITY of VIX exploded.
So, China stocks are suffering along with US stocks. Who will win this battle of wills? Or trade tariffs?
Now with The Fed considering combatting climate change with monetary policy …. everything is … Over, under, sideways, down.