Familiar Factors Present as the VIX^® Nears Record Run

Highlights

• Despite new all-time highs for the S&P 500^® in January 2021, the Cboe^® Volatility Index (VIX^®) remained elevated.
• The last time the VIX^® posted a daily closing value below its historical average of 20 was February 21, 2020.
• If the current streak surpasses the 239 consecutive business days mark, it will be the second-longest run in history.
• Graphic compares previous periods of extended volatility dating back to the market crash of 1987.