June 2017

Is a low VIX a sign of market danger?

Allan Maclean-Howard's picture

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.