Geopolitical turmoil drives up the panic index, analysts say it has not yet reached extreme panic

According to Jinshi News, the panic index VIX surged by 1.9 points on Tuesday, reaching an eight-week high of 20.69 points, and closed at 20.09 points, marking the highest closing price since November 24. Jim Carroll, a senior wealth advisor in Charleston, South Carolina, stated that although the risk indicators have shown a significant reaction, it is not yet a panic response that is urgent.

Alex Morris from F/m Investments pointed out that the market's reaction to geopolitical turmoil is to avoid stock risks and buy gold and cash, and the panic index VIX needs to rise to 30 to trigger a real panic.