Just a quick update on VIX, which moments ago pushed below its Dec 15, 2006 lows of 9.39 — the lowest VIX had been in the lead up to the 2007-2009 market crash.The only time VIX has ever been lower was on Dec 22, 1993, when it fell as low as 9.31 shortly after its creation.For implications and forecasts, please refer to our last major update on VIX in How Broken is the Market?