Be Wary of Europe

A danger foreseen is half avoided. --Proverb

The Volatility Index (VIX) hit a 52-week low earlier this week. Although it is far from a perfect metric, the VIX is a useful gauge of complacency in the market, and investors have had good reasons to be complacent over the last few weeks. Indices are up more than 3% across the board since the start of the year. The market has been buoyed as the fiscal-cliff rhetoric has faded into a background after a resolution was reached earlier this month. The market is now focused on the upcoming debt-limit talks and the sequester....497 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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