Still Scared : Planet Money What the volatility index
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Still Scared

Our old friend the Ted Spread is at its lowest point since the crisis began. That's thanks to a lot of help from the government to unfreeze the credit markets.

But another indicator that's fun to check is still running high, the volatility index or VIX. Also known as the fear index, it measures what the market thinks might happen to the stock market. And if you do the math, it says people think the stock market could fall (or rise) 8% in the next month.

We are still in choppy seas.