No matter how pessimistic you are about the market outlook, don't short it. In the past 40 years, there have been three times when the VIX exceeded 60 in the U.S. stock market, once in 2008, once in 2020, and once a few days ago. Both times in 2008 and 20 were close to the absolute bottom, and everyone knows what happened afterwards. Recently, too many kols have jumped out to say that they are bearish on the market outlook. They are not responsible for your money, but you are responsible for your own money.