A continued rally would be dangerous for markets, notes Cem Karsan. He tracks trends in volatility as the VIX hits new lows. He mentions that volatility is low because the Fed just sold puts, and now the Fed is selling calls and will have to keep selling calls for the foreseeable future. He highlights how stagflation will tie the Fed's hands into a decline. He talks about how we're in a much more inflationary environment that we were a month and a half ago. He discusses how volatility tends to go higher as a market rally is ending. Tune in to find out more about the stock market today.
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