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MARCH 27, 2020 OBSERVATIONS

11 Quick Observations from the last two weeks “Volatility seems like a given regardless of outcome, as far as the eye can see. But unlike the GFC, Central Bankers may not have the answer. Only a vaccine seems likely to provide a complete fix. “ Roy G. Niederhoffer Enormous equity rally off lows called “new … Continued

MARCH 19, 2020: 9 Quick Points

RGN Market Observations Dramatic central bank action likely – may be something new, could be very bullish for stocks, be a huge mover for fixed income and FX (trends not necessarily clear either), several rounds Vol/Insurance is very expensive now. Like GFC, will be hard to make money buying puts/buying vol With rates so low, … Continued