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If you follow the stock market, you know what the VIX is. It's the volatility index. But here's something you may not know: the VIX is about to face some competition - and with good reason.
Today, I want to take a closer look at what volatility is, show you exactly what the VIX does (and doesn't do), and tell you why now's the perfect time for a new, more modern approach to how we track volatility.