Gamma Drop-Off And Rates Back-Up (A Pair Of Risks. Maybe.)

Gamma Drop-Off And Rates Back-Up (A Pair Of Risks. Maybe.)

If you're searching for a reason to fret about US equities perched at record highs on dot-com multiples, you needn't look very far. While it's true that the data stateside has generally surprised for the better, the outlook remains tenuous, especially given the stalemate in D.C., where Donald Trump is apparently convinced that his executive orders are sufficient to sustain a nascent rebound from the worst three-month stretch for the US economy since the Great Depression. Virtually nobody agree
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