This Has Never Happened Before
• https://www.zerohedge.com, By Tyler DurdenSince its peak into year-end, VIX has collapsed from over 36 to almost a 10 handle last Thursday as The Fed's flip-flop re-energized the sell-vol-at-all-costs trade that has become the bread-and-butter of so many of newly-minted 'gurus' in this marke