The VIX, which many investors refer to as Wall Street’s “fear gauge,” is now hovering around the pre-pandemic levels of February 2020.
“When you look at the VIX, it’s eerily quiet.
“I’m concerned about volatility in the second half of year.
Still, it’s worth noting that volatility, while rising lately, remains relatively low.
After all, Bullard is just one person, who doesn’t even have a vote until next year.
“Big changes from the Fed are likely still years away.