Guess What? You Don’t Need To Be A Doomsdayer To Be Long Volatility

Via Kevin Muir of “The Macro Tourist” fame “You’re such an idiot,” one of my new hedge fund manager reader friends wrote me the other day. “You spent the last couple of years warning about the possibility all of this Central Bank monetary madness causing a huge rip higher in risk assets. And here we are, it is finally here, and instead of taking a victory lap, you are monkeying around trying to fade the rally by buying Nasdaq put spreads. You’re incorrigible” Yeah, my pal is