The No. 1 reason to be scared right now: "the fact that no one else is." Pragmatic Capitalist...

|By:, SA News Editor

The No. 1 reason to be scared right now: "the fact that no one else is." Pragmatic Capitalist observes that the VIX is fast approaching levels that are consistent with very high complacency. "Right now looks like a good time to be hedged - not necessarily because you’re bearish, but because it’s the contrarian play."