Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
The SPY ETF, which is the most popular ETF vehicle in the marketplace, traded 53.76M in volume yesterday.
On Dec 24th of last year – a half session the day before Christmas mind you – it traded 53.87M in volume.
It appears the bulk of Wall Street has left the building for August vacations.
As for risk? It appears people believe Ben Bernanke has erased it – other than a few sessions in March this is multi year lows in the VIX
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