S&P 500 Tops 2600 For First Time As VIX Crashes To 9 Handle

Equity investors, corporate boards, and momo machines are panic-buying stocks this morning, sending the S&P 500 above 2600 for the first time ever… as the yield curve crashes to decade flats…

VIX down, Stocks Up…

While USD/JPY momo is helping, stocks are quite decoupled…

And so are bonds…