"Fear" Indicator Surges To Record High
!["Fear" Indicator Surges To Record High "Fear" Indicator Surges To Record High](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/2e719ac4b9e02bda96520c5dc895e0e3-600x313.jpg?itok=kUtvu84W)
As CS' Josh Lukeman notes, the degree of hedging we’re seeing as we go higher illustrated in the CS Fear index (now at all-time highs) suggests institutional investors are not believers in the equity rally
CSFB's "Fear" Indicator has never been higher...
For a succinct explanation of what this far less popular indicator captures we use a handy definition by SentimentTrader:
EXPLANATION: