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Read "Getting Real About the High Price of Cheap Food...

Author: /time Magazine | Title: Could Hershey Make a Play for Cadbury? | 9/11/2009 | See Source »

...During the oil markets' wild ride last year, prices hit an all-time high of $147 a barrel in July before crashing to slightly more than $30 a barrel in December. Now oil futures hover around $70 a barrel - a price that is, finally, just right, according to Ali Al-Naimi, oil minister from Saudi Arabia, which produces about one-third of all OPEC oil. "The market is in very good shape," he told Reuters when he arrived in Vienna on Wednesday, Sept. 9. (See pictures of South Africa's oil-from-coal refinery...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

Traditionally, the VIX has been described as a "fear index": the higher the index, the greater the pessimism as investors fear market instability. Technically, it is a barometer of implied volatility over the next month, specifically calculated from options prices over the S&P 500's underlying stocks. Bearish put options, the right to sell a stock at a specified price in the future, generally dominate a high...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

Forget volatility. The VIX is a measure of the price of insurance against market instability. After all, put options essentially insure against market declines...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

Bottom line: the price of insurance is not a great predictor. So enjoy the improved stock-market performance but don't put too much faith in the market's next moves just because the VIX is saying all is well...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

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