Market Hedging Mideast ‘Tinderbox’ With VIX, Crude, Gold: McElligott

Bonds haven't been the best hedge for your equities over the past two years. Maybe you noticed. Not only have bonds failed to diversify, they've actually been a source of portfolio volatility -- indeed, they've been the sponsor of various market "events," including the near implosion of the UK LDI complex and a handful of US bank failures. Suffice to say the correlation an entire generation of investors was brought up to regard as sacrosanct was in fact the product of recency bias. As noted he