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Ep. 840: Dan Ferris Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The S&P Drops 50% Rates

If the S&P drops 50% rates are where they are today. What will the powers that be due in that scenario? That's what I was driving at with that whole initial setup. If it happened suddenly enough, say it happened really suddenly, you'll get a 50 bips or more cut just right out of the gate. You and I both though, these things tend not to happen that suddenly down 50% usually takes some time.

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