We jokingly tweeted out yesterday how the VIX’s three different reactions to seemingly similar market sell offs this year has reminded us of the many faces of Jim Carrey. Here’s the imagery to go along with that concept: But all jokes aside, it’s worth noting the movement […]
Category: Markets
25
Oct
2018
24
Oct
2018
Where’s the Non-Correlation?
Those in the alternative investment space have long trumpeted the power of alternative investments (and particularly managed futures) to perform in a stock market crisis (see our evidence of that here and here). There’s no doubting that managed futures have performed during past crisis periods, but as the disclaimer says – past performance is not necessarily […]
11
Oct
2018
They’re baaacckkk – VIX pops 8mos after Feb 5th
ok Maybe it was the Cat 4 hurricane barreling down on the Florida panhandle which had everyone’s attention, but yesterday’s VIX spike sure didn’t feel like the one that brought people out in body bags back in February. February 5th saw the Dow fall about 1,200 points, it’s worth point loss in history; while yesterday […]
03
Oct
2018
Real Estate as a Portfolio Diversifier?
It seems like we’re working our way through the Ritholtz Wealth team’s posts recently, spending a bit of time on Barry’s views on disappearing Hedge Fund Performance, and then reading with interest Ben Carlson’s questioning post recently: “Is Real Estate a Non Correlated Asset Class?”. Based on the title alone, we were ready to pounce […]
26
Sep
2018
Hedge Fund Investors Great Reset
We talked a few weeks ago about ‘Why There’s Trillions in Hedge Funds with Stocks at All Time Highs’, and read with interest Barry Ritholtz’s Bloomberg piece lamenting “missing hedge fund performance”. We tweeted out our thoughts: It’s more of a function of hedge fund vol dropping below equity volatilityhttps://t.co/fRFhoeJzuC https://t.co/QWjIFlXYWN — RCM Alternatives (@rcmAlts) […]
19
Sep
2018
10 years ago – Remembering the best Managed Futures run we’ve seen
What a Difference a year 10 years makes. If you haven’t noticed from all the posts on your fintwit timeline, this past week marked the 10 year anniversary of the Lehman Brothers collapse: Hard to believe the Lehman collapse was 10 years ago yesterday. It’s been quite a decade. **The next decade promises to be […]
13
Sep
2018
Hurricanes and Markets
With Hurricane Florence barrling down on the Carolinas as we type this… we rounded up all our past musings on how hurricanes and markets have gotten along in the past. Hang in there Carolinians (is that a thing), we’ll be rooting for you. HARVEY, IRMA, AND THE FUTURE OF WEATHER VOLATILITY THE CLIMATE […]
12
Sep
2018
Where’s the Wheat?
A drive across farming states of the US has a different look than it did maybe 20 years ago, but we’re not talking about shopping malls having popped up where there used to be a farm. We’re talking about the drive from say Cleveland to Dallas seeing less and less wheat – those famous “amber […]
10
Sep
2018
Looking Backward, Thinking Forward
Here’s the Chicago Board of Trade’s trading floor sometime in the 1990s. Down there in that mass of humanity and paper and colored coats were dozens of clerks. These were (mostly) young people getting a foothold in the industry. Learning the ropes from the bottom rung. Interns, if you will, who weren’t just leaning how […]
22
Aug
2018
Why there’s Trillions in Hedge Funds with Stocks at All Time Highs
Looks like CNBC wants you to know the S&P 500 just hit a new all time high. Time to break out the Dow 30,000 hats and pics of Leo playing the Wolf of Wall Street. But why is this really news anymore. We closed at a record high 62 times in 2017, and the bull […]
