Market complacency indicated by low VIX is a false sense of security

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The VIX is 'insanely low,' suggesting a false sense of security in the market, which contrasts with the reality of upcoming major economic events like the CPI and interest rate announcements, as well as the intensifying election season. This low VIX does not reflect the true market situation, indicating widespread bullish sentiment and complacency even among those who predicted past crashes.