The economy refers to the system of production, distribution, and consumption of goods and services in a society. It encompasses various activities and interactions that allow individuals and businesses to exchange resources, including labor, capital, and land, to meet needs and wants. The economy can be analyzed on different scales, such as local, national, or global, and can be characterized by various economic systems, including capitalism, socialism, and mixed economies. Key concepts associated with the economy include supply and demand, market dynamics, trade, and economic growth. The health of an economy is often measured using indicators such as Gross Domestic Product (GDP), unemployment rates, inflation, and trade balance. The functioning of an economy is influenced by various factors, including government policies, technological advancements, consumer behavior, and external trade relations.
The Cboe Volatility Index (VIX), known as the "fear gauge," reflects market anxiety and uncertainty, particularly during geopolitical tensions. A recent 1.2% increase in the VIX, reaching 23.05, signals rising…