Complacent US stock markets

Joined
9/25/10
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285
Points
38
Even after almost 8 straight days of losses, with shocking economic data - GDP, ISM, etc etc- the volatility index seems to indicate as though everything is hunky dory.

In previous occasions, the VIX used to spike up - indicating panic- and the stocks started to rally.

Is this a recipe for disaster? Are we at the cusp of a new recession/ a bear market?
 
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