Economic Policy Uncertainty And VIX On The Eve Of (Trade) Destruction

Here is a look at the uncertainty and volatility that have been plaguing the markets in anticipation of tariffs.

Time, Time Management, Stopwatch, Industry, Economy

Image Source: Pixabay

Through Jan. 31, 2025, in anticipation of tariffs that might or might not be announced today:

(Click on image to enlarge)

Figure 1: EPU (blue, left scale), 7 day centered moving average (red, left axis), and VIX close (green, right scale). Source: policyuncertainty.com and CBOE via FRED, and author’s calculations.


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