The VIX Says It All

The US equities markets were mildly bullish today. The VIX was up over 3%, but with it sitting around 13.00 this puts the index at levels we haven’t seen since the ultra-low volatility of 2017. The geopolitical situation with North Korea, Iran and Israel seems to be mostly stable, although tensions and potential conflict still remains. However, the Trump administration has managed to pull off some surprising results in political maneuvers. However, it is still too soon to declare ultimate victory so for now I would expect the markets to keep a little premium in the tank in case the situation worsens. Also, Apple is near a $1 trillion market cap, making its value comparable to the GDP of some of the top global economies. This suggests that investors are seeing good reason to expect the markets to continue to advance going forward. Here’s what to expect.