From Pragmatic Capitalism:

John Hussman’s excellent weekly letter touched on a topic that I have been meaning to discuss in recent days – the lack of nervousness in the market as evidenced by the VIX.

It’s now obvious that sentiment was overly bearish two weeks ago – to the point where we were seeing very historically low bullish levels among investors.

But what was not discussed is the continuing decline in the VIX...

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Crux Note: Our colleague Jeff Clark just told readers about another rare occurence in the Volatility Index (VIX) that could have a big effect on stocks in coming days. To read this free article, click here...

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