The Stock Market’s Fear Gauge is Hitting Fresh Highs

Wall Street’s favorite gauge of stock-market volatility rocketed to its highest level since mid-June on Wednesday as rising COVID-19 cases and renewed lockdown efforts spurred fears of a prolonged economic slowdown. While record-high coronavirus case counts have fueled concerns about the pace of economic recovery, the prospect of timely fiscal support is all but exhausted. Jeff Powell, CIO, Managing Partner & Founder of Polaris Wealth & Jeremy Witbeck, Partner at Polaris Wealth, discuss the recent volatility in the financial markets.