Gorham Quoted on Risk of Volatility Index

In Medill Reports: Chicago, a publication of Northwestern University’s 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’s “Volatility Index”(VIX), also referred to as the “Fear Index.”

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.