Gorham Quoted on Risk of Volatility Index

Date

In Medill Reports: Chicago, a publication of Northwestern University鈥檚 Medill School of Journalism, Media, Integrated Marketing Communications, IIT Stuart Industry Professor of Finance Michael Gorham contributed to a discussion about the Chicago Board Options Exchange鈥檚 鈥淰olatility Index鈥�(VIX), also referred to as the 鈥淔ear Index.鈥�

According to the March 14 article, VIX helps investors make sense of world events, like the Ukrainian crisis. Gorham commented on the success of the VIX, despite risks.