Wharton's Siegel Worries About Too Much Euphoria in Markets

The transcript discusses the current state of the stock market, highlighting concerns about euphoria and momentum similar to January 2018. It examines the VIX index, earnings, and recent positive news like the China deal and USMCA. The speaker warns of potential risks, including political uncertainties and market froth, and suggests that while the market may continue to rise, it is vulnerable to sudden drops.

What is the speaker's view on the VIX and its implications for the market?

What does the speaker suggest about the potential for a market drop?