For those of you in our Buy and Hedge strategy, this is the market you’ve been preparing for. As the S&P 500 shows a likelihood to post the first negative year since 2009, being hedged with ZEGA is the solution to put a limit on how much you lose during the declines.
Open to view Jay’s Interview with Jill Malandrino at the Nasdaq.
First it was yield curve inversion, then it was volatility spikes. Now we have the proverbial onslaught of articles pointing to a death cross in the Russell 2000 Index and potentially other indexes in the future.
During the recent October 2018 market drawdown, we heard the usual commentary from market professionals who issued their predictable words of wisdom.
During yesterday’s CNBC show “Fast Money”, the traders discussed a lot of inside baseball market stuff. Another way of saying they got into some granular things around the shape of the yield curve and discounting of future earnings cash flows.
I realize that October’s volatile market movement has made the September Peer Comparison a little less interesting.