Seeking Alpha
Profile| Send Message|
( followers)
The VIX (S&P Volatility Index) closed below 10 Tuesday and Monday. This is the first time it has happened since the end of December 1993.

While the VIX remained low for a couple more years after dropping below 10 in 1993, volatility did pick up in the months after and the market struggled.

click to enlarge

Source: S&P Volatility Index Hits 13-Year Low