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Stock market volatility hits 24-year low

The VIX index of stock market volatility continues to fall, and on Friday hitting its lowest level since December 1993. The 9.37 mark is less than half of the VIX's historical average, and suggests market certainty despite widespread geopolitical tumult and technological disruption of existing industries.

Data: Money.net; Chart: Andrew Witherspoon / Axios

How to trade it? Don't. This could be the complacent precursor to a major market correction, but the market has continued to climb in recent months despite abnormally low volatility. In other words, it's a crapshoot.