Short Term Convexity Models

i'm seeing it as symptomatic of the fact that markets inherently are far more correlated these days than historically what they ever were. It exposed our weakness in short term convexity and i'd like to think, well, let's amend that that's a weakness because we're sort of forced to now sort of step out to medium and long term models. We've got this deficit in this short-term convexity that i think we need to address. I would prefer to address a weakness and rather just say, leave it a just accept it. Because what happens if, ah, these these correlation shocks continue on into the future with increasing intensity? That, to me, exposes a

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app