VIX at 16.64: Calm Markets Hide Structural Shift
VIX at 16.64: Calm Markets Hide a Structural Shift Volatility dropped 0.41 points today, pulling the VIX to 16.64 and marking the second consecutive day of decline. On the surface, this reads as straightforward market calm-fear index near its historical median, term structure in orderly contango, equity futures steady. But underneath that veneer sits something…
