25.07.2016 • 13:00 GMT
How Equity Highs and Volatility Lows Belie Anxiety
John Kicklighter
• The S&P 500 hit a record high this past week while the VIX Volatility Index settled in very low territory below 13
• Distortions from monetary policy and complacency cannot mask the anxiety that has been laid bare these past 2 years
• A greater frequency of sharp risk aversion fits highlighting liquidity issues pairs dangerously with approaching sparks
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