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Modeling Shortfall Risk versus Inflation – What a Good Hedge Looks Like

When people ask me about hedging inflation, they aren’t always asking what they think they’re asking. There are two approaches to addressing inflation in...

S&P 500 Faces Rising Reversal Risk as Liquidity and Gamma Pressures Build

Stocks rallied again on Wednesday with the S&P 500 rising about 70 basis points. The index fell sharply in the final 20 minutes of...

German Business Sentiment Weakens, Pressuring Eurozone Yields Amid Divergent Risk

Eurozone government bond yields edged lower after fell to 88.1 in November, falling short of economists’ expectations for a modest improvement to 88.5....

Market Rotation Deepens as Funding Strain Turns Year End into a Real Risk

Everything hit the tape today with the grace of a falling grand piano from a skyscraper. Screens went red, the risk complex convulsed, and...

AI Spending Surge Reflects Confidence—Or Circular Funding Risk?

Artificial Intelligence (AI) has the potential to be a transformative technology that impacts how we all live and do business. With some creativity, and...
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