FiveThirtyEight
Andrew Flowers

Markets are taking a beating as Trump is hanging tight with Clinton in swing states. But not only that, market uncertainty is rising, injecting greater swings in the pricing of stocks. The VIX, also known as the “fear index,” is a measure of just this — volatility in the stock market. As the components of the VIX index are no longer trading, we can only look to futures to see what the VIX index is doing. And those futures are rising sharply. Market volatility is expected to increase dramatically — indicating investors did not expect a Trump victory, or don’t view it favorably.

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