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is the vix broken what does the spike in equity volatility mean for major Equity indexes like the Samp;amp;P 500 and the NASDAQ whatamp;#39;s the historical framework for what this means when the vix docHubes the extreme levels that weamp;#39;ve witnessed in the last week hey Iamp;#39;m Dave Keller with Market misbehavior today weamp;#39;re going to talk about the spike in volatility how that relates to other signs of Market fear and Market uncertainty and what that may imply for the major Equity benchmarks in the month of August before we get to a lot of great charts and insights hereamp;#39;s one more thing I wanted to tell you about I spent many years earlier in my career working for large financial institutions and when I left the institutional world I remember thinking what am I going to do to replace these big expensive but powerful institutional investing platforms that Iamp;#39;ve had access to this whole time there is an option now for individual investors and financial