It’s been a long time coming, but the week(s) of reckoning have finally come for CTAs and the risk parity crowd. Of course the “serious people” reading this will say the “day of reckoning” bit is hyperbolic. After all, we haven’t seen a sustained vol. spike of the sort that … Continue reading ‘The Real Fun Is Just Beginning’: Quants Stare Blankly At Worst Losses In 10 Years