5 Reasons For A ‘Too Low’ VIX

Over and over again last year, market participants of all shapes and sizes asked the same question: "Why is the VIX so low?" After a while, it was apparent (to me anyway) that the financial media didn't actually want to answer the question, because asking it over and over again as though it hadn't been answered was a good way to generate reader interest on days when there wasn't any. This particular "mystery" wasn't especially difficult to solve. 2022 was defined by the most aggressive Fed hik