The VIX chart is included below.
The complacency looks a bit overdone. The wiseguys want stocks to go higher very badly. And they might, until something happens to pop this risk mispricing.
"To be a follower of both Ayn Rand and Christ is not possible. She recognized that those Christians who claimed to share her views didn’t seem to understand what she was saying. We are sustaining a climate in which not a few gullible souls believe she is worth taking seriously. Instead of recommending Atlas Shrugged, perhaps we should simply hand out copies of The Satanic Bible." Alan Bean, Ayn Rand, Mother of American Satanism, 2012