Paranoid! VIX Total Open Interest Hits All-time High

Perhaps investors are just paranoid … or they are justly concerned about a possible burst in the equities markets.
Total open interest on the VIX futures just reached an all-time high.
Indeed, the S&P 500 index does seem to be correlated with near zero Fed Funds rate and $4.45 trillion in Fed asset purchases (QE). And The Fed is hinting on raising their target rate sometime soon.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ September 14, 2016.