Update on VIX: Dec 14, 2015

I used to really love VIX as an indicator of future market moves.  For the past several years, however, central banks and their proxies have been using it as a tool, bashing it every time they wanted to goose stocks.

Still, there’s value in charting it, if for no other reason than to understand what games they’re up to — or, when they’ve lost control.

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