I understand the AI boom and datacenter build out, the earnings of the MAG 7 in the past year, but the continued historical lows on the **VIX** continues to be a bit puzzling. Is this euphoric/bubble behavior (some may say irrational exuberance) or justified based on earnings and the potential of AI? The market doesn't seem concerned by any geo-political or other domestic issues. Will fear enter the market in 2026?