The VIX has more than doubled in value today, rising to hit the 50.00 mark now. That's the highest level since the pandemic and this is the biggest daily jump since February 2018, when there was the whole fiasco involving the XIV and a broader market selloff amid a rout in the bond market at the time.In any case, the heightened reading we're seeing above speaks to the fear and angst that is gripping markets right now. For a while there, it looked like we might've settled into a period of low volatility. The VIX had before this touch its lowest since before the pandemic as investors were feeling rather confident about broader market sentiment.How quickly the tables have turned in just one wee
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