On Monday, August 5th, global financial markets were deeply shaken, in a day nearly as “black” as the one in 1987 in terms of stock market declines: the NASDAQ 100 index lost 6.45%, and the S&P 500 fell by 12.4%. On the same day, the VIX index, also known as Wall Street’s “fear index,” rose to 41.8%, reflecting volatility and anxiety in