The Fed And The Death Of Market Volatility, Bank Deposits Continue To Dwindle (VIX Down To 13.50)

The Federal Reserve doesn’t care if market volatility has collapsed, even though volaltility is necessary for a well-functioning capital market. The VIX, volatility of the CBOE S&P 500 index, has declined to 13.5 as The Fed continues to slow M2 Money growth.