Crazy if true, but this VIX chart looks ready to explode IMO. Lots of complacency building up with the stock market being at (or near) all time highs. Meanwhile, bond yields are plummeting, gold is rocketing, and VIX is staying stubbornly high.
Determining what information is signal and what is noise is probably the hardest & most important job of a successful trader/investor. I think the way these stars are aligning they are the true signals while the stock market highs are noise. Buyers of stocks at these historically stretched valuations need to beware.