
The VIX is going to close under 22 for the first time since the last pop. Last month the closing print was near 37 mainly because of the US elections.
Key market participants have already set their portfolio positions for a post-pandemic environment.
Low rates and volatility will remain for the new cycle. Clearly, Stock Prices will move faster than during the last few decades as the binomial of interest rates and future earnings shapes future valuations.