The VIX index measures the expectations of market volatility out 30 days.
The VIX closed below 15 today - which means all is well, right?
As a reminder, the VIX was also calm like this about four years ago. And then the S&P promptly declined nearly 50%. As institutions pump up the price of equities [3], be very careful about who you're trusting with your retirement funds - history tends to repeat itself, and if it does in the case of the VIX level, you can plan on postponing retirement [4]... again.
