The international trade war among the U.S., China and Europe may have investors uneasy, but you wouldn’t know it by looking at market volatility. After spiking back in February, the CBOE S&P 500 Volatility Index is down about 30 percent in the past three months, suggesting the market may be pricing in a quick resolution to the trade war. The VIX surged more than 200 percent in February to its high of the year during a steep market sell-off. Since that time, it has steadily drifted lower despite a breakdown in international relations. Last week, the VIX dipped to around 73 percent below its February high. Source