Category Archives: hedge
Someone Just Made $60 Million Betting That The Crowd Is Wrong
Over the weekend we warned that just as everyone was convinced that the yield curve can only flatten from here, and was positioned massively on the long side of the 30Y future, the opposite was about to happen, and in a tweet highlighting the record net spec long positioning in 30Y futures, we said “here […]
Muir: “People Are Going To Be Wiped Out” By Short-VIX ETFs
Back in August, we highlighted a story in the New York Times about a former manager at Target who decided to try day trading with $500,000 he had saved up. Over the following years, he turned that into $13 million by following one simple strategy: Shorting volatility every time it spiked. As MacroVoices host Erik […]
Think Bitcoin Is A Bubble? Here’s Your Chance To Short It
Has the fact that the price of a single bitcoin has risen nearly eight-fold so far this year prompted you to turn bearish on the world's most valuable digital currency? Well, here’s your chance to short it. A Swiss asset-management firm called Vontobel launched a new futures product on Friday that will make it easier […]
Deutsche: Every Time We Asked “How Much Lower Could Vol Go” Things Would Become Unpleasant
According to Deutsche Bank’s Aleksandar Kocic, we live in a reflexive world, one where “the Fed knows that the market knows and the market knows that the Fed knows that the market knows, so everyone knows, but pretends that nobody knows and the game goes on.” That pretty much covers much of modern market analysis […]
“It’s A Huge Story”: China Launching “Petroyuan” In Two Months
As a reminder, nothing lasts forever… The World Bank's former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system. "The dominance of the greenback is the root cause of global financial and economic crises," Justin Yifu Lin told Bruegel, a Brussels-based […]
It Has Never Been Cheaper To Hedge A Market Crash Using This One Trade
In mid-August, at the height of the North Korea geopolitical turbulence, and amid uncertainty about the Fed balance sheet unwind, fears of a government shutdown and the US debt ceiling, as well as the fate of Trump tax reform and Obamacare repeal, when the VIX soared following a series of missile launches by Kim Jong […]