In this episode, Alex Campbell joins the show to discuss volatility, "Magnificent Seven" concentration, and dispersion trades. We also unpack the mechanics of the carry trade, how short volatility and hedging strategies are shaping the markets, and the role of artificial intelligence in finance. Enjoy!

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MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/

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Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii

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Timestamps:

(00:00) Introduction

(01:06) Market Volatility Overview

(04:51) Magnificent Seven Concentration

(06:24) Dispersion Trades

(10:49) Market Risks & Correlations

(14:09) Mantra Ad

(15:15) The Carry Trade

(18:14) Market Volatility Vs Credit & The Economy

(23:44) Impact Of Short Volatility & Hedging On Markets

(31:25) Permissionless Ad

(32:04) Artificial Intelligence And Alex's Startup Rose AI

(34:54) Collecting & Using Market Data

(39:44) The Future Of Finance

(43:46) Future Of The AI Industry

(46:20) Alex's Thoughts On Crypto

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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.