History has taught us that a collapse in equities can happen "any day". Truth be told, such "out of the blue" collapses are rare, to the point where planning for a bear market, without the evidence on hand to support one, is foolish.
With the Volatility Index (VIX) now trading at 12.56, its lowest level since literally just before the COVID pandemic in 2020 (red arrow in chart), some are citing this. . .