What will happen to VIX after another crappy jobs report today?

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While there is no crystal ball, the jobs market is beyond horrible and many precursors to a massive pullback on coming together; credit defaults, unemployment (after several revisions, each one worse than the last one), China pulling back on US based AI tech (what AI bubble?), and valuations that peak dot.com bubble. The VIX has been unnaturally low, hedge funds are shorting it!, and let's not forget volmaggedon! Could spike any second and it likely will before people get too complacent. This is a recipe for v-maggedon 2.0. Bullish on the economy, but not blind to facts and historical standards when things look very wonky. Best of luck out there! Everyone is a genius when the market is up :)

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