VIX Peak Birthday

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Exactly a year ago today, the VIX peaked above 85. God, those were good times.

In case you’re just waking up from the past twelve months, the VIX is now in the teens. Volatility and organic markets have been smothered under trillions and trillions of freshly-printed dollars in order to create the simulacrum of prosperity and good times ahead. Yeah, OK. Good luck with that.