Newsletter: The Dispersion Index - A new measure of risk
A complement to the VIX.
Topic
Fractal Market Hypothesis
A collection of 41 issues
Blog: Why I'm no longer a "Quant."
Hi. I'm Ed. I used to be a quant.
A recent article in Bloomberg quoted David Einhorn, a prominent hedge fund manager, as saying that the markets were "fundamentally broken" because of "passive investors and quants." To quote Bloomberg, "Einhorn said that quants
Blog: Is the Stock/Bond Relationship Broke? Nope, but it's changed.
Bonds are still a diversifier.
Newsletter: On Non-Periodic Cycles for Market Analysis
Detecting and measuring non-periodic cycles is crucial.
Newsletter: Financial Instability-A Question of Leverage
How do we distinguish between good and bad leverage? Previously unpublished research.
Blog: Return Factor Illusions
"Factor zoos" are doubly so.
Blog: Is a low VIX "the dog that didn't bark?"
Is absence of evidence a clue?
Blog: Is Market Optimism a fool's hope?
"There was never much hope. Just a fool's hope . . ."
-Gandalf
Blog: The Fractal Market Hypothesis and Optimism
Is the news good enough to follow the crowd?
Blog: Some Good News on the Inflation Front
I often feel like I'm Doctor Doom these days. So I'm happy to report some good news. You probably noticed that while most analysts have credited the Fed rate hikes with bringing down inflation, I haven't been convinced that's the case. The