Broad implications for retail
Investors continue to be faced with heightened political, geopolitical and macroeconomic uncertainty. Yet one market metric that is frequently used to gauge market volatility, the CBOE Volatility Index (ticker: VIX), seems to be showing this to be the quietest of times. Recently, the VIX closed at 9.77, its lowest level since December 1993, and also set a record for the number of consecutive days in which it has traded below 11.
“The truth will set you free, but first it will make you miserable.”