April 17, 2020
The Foundation released the investment summary for first quarter. The rapid escalation of the COVID-19 virus into a global pandemic drove U.S. equity markets to record high volatility levels, as measured by the CBOE Volatility Index (VIX). The VIX hit an all-time high of 82.7 on March 16, which was just above its peak during the 2008 financial crisis.
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