The amusing thing about this (to me anyway) is that it is to a certain extent emblematic of markets’ overwhelming tendency to misprice the tails. These pieces almost read like a guide to the unthinkable – “here’s what happens if everything just goes to complete sh*t”…
Day: January 21, 2017
“Tweet Risk” Is Now Officially Part Of The Wall Street Lexicon
Analysts are now forced to take Trump’s tweets into account when commenting on the prospects for specific stocks. That, in turn, has led to the contention that idiosyncratic risk will almost invariably rise during Trump’s presidency. It’s thus very possible that Donald Trump could single-handedly bring about a shift in inter-market correlations.
Caption Contest (Epic Michelle Obama Inauguration Edition)
Not feelin’ it…
Chart Check (“I Am An Oil Man”)
I’m not at al all sure that this is a good idea…
Uncertainty, “The Highly Improbable”, Goldman Sachs, And Some Swamp Draining
The “highly improbable” has become more probable lately. At least that’s my contention. The paradox –
“Once In A Lifetime” Amazon Short Idea Versus Treasury Positioning Black Swan
An observation. Well, more of a thought experiment…
You must be logged in to post a comment.