The problem is simple, suppressed vol allowed vol targeting strats to lever up but when vol spikes, these strats are forced to rebalance (i.e. sell).
Author: therealheisenberg
“The Ultimate Extension To The Decoupling Theory”
Well, count me surprised. We’ve weathered the black swan walking – the comb over cowboy – the belligerent billionaire. Here it is Friday and look
All Hail The King
‘Twas election night in America, when all through the house Not a creature was stirring, not even a mouse; My ballot was cast in the
Because Someone Had To Say It…
Average American voter explains a ballot cast for Trump:
Trader: “I See It, And Still Don’t Believe It”
How many times have I said it? Your politics or your money, choose wisely. Well America has chosen and the country is going to “be
Deutsche Bank Weighs In On Trump
Here’s Deutsche’s George Saravelos: It will take a very long time to understand the implications of a potential Trump presidency. Big picture, it re-enforces the
One Bank Explains What Comes Next
Here’s Citi on Trump: Donald Trump Wins the 2016 Presidential Election, With Republicans Controlling Both House and Senate Based on 87% of votes counted at
President Trump
Well, America has officially lost its mind. Donald Trump is the President elect. We’ve Plaxico’d ourselves. Futs have tanked… …the peso is crashing… …the Nikkei
So Much For Liquidity
Well this isn’t what you want to see: (Charts: Morgan Stanley) So much for liquidity….
Goldman’s “Guide To Election Night”
(Charts: Goldman)
“Global Trade Has Been Twisted Into An Evil”: Trader
Here’s a bit of characteristically brilliant commentary on the election and global trade from Bloomberg’s Richard Breslow… You’re going to hear a lot of people
Last Minute Election Commentary And Polling Stats
Well, barring some kind of dramatic event, it does indeed look like the former First Lady is headed back to the White House thanks in
Full Election Roundup
Courtesy of Bloomberg: Democratic presidential candidate Hillary Clinton has been cleared again by the FBI after a review of new e-mails, but strategists wonder how
Whither The Yuan
A little over three months ago, I warned investors not to forget about the Chinese yuan. The period of subdued dollar strength that followed the
“Not One Dime!” David Tepper Is Mad
Presented without comment because frankly, nothing else need be said. Here’s David Tepper on Trump: http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000565869&size=530_298
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