What's The Big Idea?: The Return of Vanishing Volatility

The video discusses the current state of low volatility across various asset classes, including the S&P 500 and G7 currencies. It highlights concerns about market complacency and the potential for a sudden shift in volatility. The role of the Fed put in supporting risky assets and its impact on market dynamics is also explored, along with the implications of sustained low volatility on risk-taking behavior.

What is the current level of the VIX and why is it significant?

What concerns do market commentators have regarding the current state of volatility?

How does the Fed's support influence market volatility according to the text?

What does the term 'Fed put' refer to in the context of the text?

What potential risks are associated with the current low volatility environment?