New Normal

Kolanovic Unveils His 2018 Outlook: The "Frogs Are Almost Boiled" So Start Hedging

... like a ‘frog being boiled’ tail risks may be realized with a significant delay and triggered by an unrelated catalyst. The tail risk could manifest itself with forced deleveraging of systematic strategies - options hedging/dynamical delta hedging, vol targeting, risk parity, trend following - disruptions to market liquidity, and failure of bonds to offset equity risk.

Welcome To The Hell Hole That Is Brussels

"If you penetrate the thick cloud of professional indignation to scrutinize the reality of the 'capital of Europe', what you see in many respects is actually a hell hole, one where socialism, Islamism, riots and looting are the new normal."

 

These Are The 30 Biggest Risks Facing Markets In 2018

According to Deutsche Bank, there are no less than 30 risks investors should beware in the coming year, ranging from a market correction to a reversal of Brexit to Irish presidential elections, to a "Bitcoin crash," rising inflation, danger from North Korea, the results from Robert Mueller's probe, and many more...

California Governor Warns Of "Grim Future" As Fires Spring Back To Life

After destroying hundreds of buildings and forcing the evacuations of more than 200,000 people, the seven discrete wildfires ravaging Southern California finally receded over the weekend as the powerful Santa Ana winds that had fanned the flames earlier in the week died down...

Millennials Have Ushered In The 'Baby Bust' Cycle

America is no longer making enough babies to keep pace with deaths... A new report blames the ‘baby bust’ phase on the millennial generation (1980-2000), who are having children at record low rates.