KOREA-THE FEAR INDEX BASED ON KOREA’S FUTURE
LG Corp. international headquarters, Seoul, May 2010. Wikimedia Commons
By Kim Seong-kon
The Korea Herald-Dec 4
The fear index, also known as the Volatile Index, refers to the stock market’s expectation of volatility and investors’ anxiety amid extreme uncertainty. “The Fear Index” is also the title of famed British writer Robert Harris’ novel about the financial crisis that swept the world due to the subprime mortgage crisis in 2007 and the Lehman Brothers’ bankruptcy in 2008, which culminated in the Flash Crash of 2010 that created panic for 36 minutes all over the world.
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First published in: The Korea Herald