Market Correction: Lessons From 2006
I'm not entirely sure it's comforting to compare February's bout of market turmoil with the mid-cycle correction that occurred in May-June of 2006 because you know, 28 months after that episode the world ended, but while we're looking for analogs...
And here's the VIX during that same stretch:
As we all look forward to the latest read on inflation in the U.S. and as we ponder the future of the central bank "put" on a day when Jerome Powell made his first public comments as Fed Chair (just