We did get a Santa Claus rally — it just looked more like a stocking stuffer than a new bicycle. By the textbook definition, it counts. But markets don’t trade definitions. They trade behavior.

In this episode of Wall Street Truthbombs, we break down:
-Why ultra-low volatility was the real warning sign
-What a VIX back at 20 actually means (and what it doesn’t)
-Why political theater moves headlines — not portfolios
-The critical difference between systematic noise and idiosyncratic risk
-And the one mistake investors always make when volatility wakes up

Truthbomb: markets don’t blow up because volatility rises — they blow up when investors forget why they own what they own.

Focus on earnings. Ignore the noise. Let cash flows compound.

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