I must have dreamt it but…..I could have sworn I’d posted this chart some time ago.
A quick look at $VIX.
THE VIX REACHED 90.00 AT THE HEIGHT OF THE CRASH OF 2008 IF THAT MEANS ANYTHING TO YOU.
Volatility “rises” when fear sets in. This cannot be questioned.
The $Vix has “bobbed along the bottom” for the entire Fed driven rally, and cannot / will not break below around 12.50 no matter how high the market goes. This is complacency to a degree BEYOND my scope of understanding….as it’s painfully clear that most people have indeed been “lulled back into thinking” every is going to be alright.
THE VIX HIT 90.00 back in 2008!