Volatility tumbles as markets shrug off Middle East risks

Markets are showing surprising resilience despite rising oil prices and ongoing tensions in the Middle East, as evidenced by the drop in the Vix “fear gauge” to prewar levels. Investors are sounding alarms about this complacency, suggesting that people might be underestimating potential risks. This shift in market sentiment could have broader implications for global economic stability, especially if tensions escalate unexpectedly. For a deeper dive, check out the full article on the Financial Times website.