spx is down 6.7% since december 26 but vix is up a mere 20% in that time. one would expect a much greater increase. for instance, last summer when spx fell 9.8% over 3 weeks, the vix doubled.
the current level of 23 hardly suggests great fear. to the contrary, it suggests some complacency. are investors not concerned about further declines in the equity markets?
the current level of 23 hardly suggests great fear. to the contrary, it suggests some complacency. are investors not concerned about further declines in the equity markets?