Alternative Links: The Coming Renaissance

For Saudi Arabia, the deal made perfect sense, not only by protecting the regime but also by providing a safe, liquid market in which to invest its enormous oil-sale proceeds, known as petrodollars. The U.S. benefited, as well, by neutralizing oil as an economic weapon. The agreement enabled the U.S. to print dollars with little adverse effect on interest rates, thereby facilitating consistent U.S. economic growth over the subsequent decades.

The Coming Renaissance of Macro Investing – (Barrons)

 

What happens when you create a quadrillion dollars out of thin air, and then blow it up? The answer, says Paul Wilmott, a quantitative finance expert and this week’s guest on our Masters in Business podcast, is you have a structural problem and potential financial crisis.

Quant Finance Run Amok – (Bloomberg)

 

Additionally, the number of VIX contracts outstanding just hit a fresh record. Wagering on equity swings has become increasingly popular this year as the gauge of stock swings heads for its lowest ever annual average. While the VIX is up this month, history shows that it tends to fall in the fourth quarter.

VIX Shorts Hit New Record High As S&P Surpasses 2017’s Most Bullish Forecast – (ZeroHedge)

 

We’re both reasonably skeptical and confused and bullish at the same time right now.

An Evening in Wonderland – (Reformed Broker)

 

From Oliver Stone’s epic Wall Street to the hilarious Trading Places and recent Scorcese hit The Wolf of Wall Street, the topic of finance has inspired many a classic film. It’s no surprise when you ponder on the varied world existing within finance, which takes in everything from making ends meet to making personal millions.

10 Best Films About Finance – (ABC Finance Limited)

 

That’s actually a trick headline, as you can’t trade the VIX directly. It’s just an index of options prices. But you can invest/trade in products that track the VIX, like VIX futures, VIX ETFs, inverse ETFs, and more (here’s an in-depth research report). It’s called trading volatility, and with seemingly everyone giving it a shot of late (Billions are in VIX futures-related ETFs), we thought a nifty flowchart of just how to proceed would be worthwhile.

How to Trade the VIX (FlowChart) – (RCM’s Attain Alternatives Blog)

 

One of the most common questions we get asked when someone is first learning about Managed Futures is whether Managed Futures and High Frequency trading are one in the same. To that, we say: not in the slightest.

Managed Futures is Not High Frequency Trading – (RCM’s Attain Alternatives Blog)

 

The only way out? Invest in your own destruction. In this context, the FANG stocks are not a gimmick or a fad, they’re a f***ing life raft. Market commentators rhetorically ask aloud what multiple should investors pay to own the technology giants. That’s the wrong question when people feel like they’re drowning.

Just own the damn robots. – (Reformed Broker)

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.

logo