Wow, the VIX is testing the lows from mid 2014, at around the 10 level. It briefly reached 10 intraday in early Feb, and currently is around 10.85.
These are below the levels it has usually bounced in the past, so will see if some news event comes along to spook the market. But sounds like everyone is licking their chops at the prospects of tax cuts.
The Fed will likely raise rates at their mid-March meeting, at least that's the prevailing view on Wall St. But people may just see that as confirmation that the economy is improving (even if it isn't), and push the stock market even higher. Who knows, there are landmines out there galore, so we'll see what happens..
