“If you’re holding cash”…
Category: correlation
The 100-Year Bull Market
“The longest run has been during the Roaring 20s, ending with the Great Depression.”
But that could soon be eclipsed.
Is “Tantrum” Risk Rising Behind The Scenes?
So this is something that’s worth watching… We’ve said time and again that investors would do well to remember what risk parity knows all too
Chart Check: “Trouble”
So earlier today in “To ‘Tantrum’ Or Not To ‘Tantrum’, That Is The Question,” I said the following about the juxtaposition between hedge funds’ big
“A Glaring Error Of Omission”
VaR shocks. Taper tantrums. I talk about such things a lot. And with good reason. Investors have a discernible tendency to dismiss discussions of
“JP Merlin” Returns: Quant Wizard Kolanovic Weighs In On Volatility, Geopolitics, And The Fed
He doesn’t have a long, white beard. He doesn’t wear a robe or a pointy hat. And he doesn’t walk with a gnarled, magic staff.
Good News: Hedge Funds Might Have A Chance To Beat Benchmarks In 2017
So what does any of this mean for average investors? Well, intuitively, it means there’s a chance for you to go out and find yourself some alpha by returning to your roots as an expert stock picker (boy, this post is just dripping with sarcasm).
Correlation Doesn’t Equal Causation Which Is Fine Because That Was Never The Point
The problem – or at least one of the problems – seems to be that whenever some people hear “correlation”, they Marty McFly it right back to high school science class and regurgitate the old “correlation doesn’t equal causation” line and then subsequently tune out as if they’ve dropped the mic on me.
Chart Check (Super Awesome Cross-Asset Correlation Monitor Edition)
I’ve talked a ton about cross-asset correlations here and elsewhere over the past few months. Indeed, the entire Trump reflation trade is based on negative
Chart Check (The Most Important Chart In The World)
What happens to stocks now?…
