IBKR Podcasts

A confluence of factors has put paid to calm within the US bond market: Joe Burke and Andrew Wilkinson discuss a mountain of new issuance by the US government, strength across the US economy and the impact of Bank of Japan policy causing domestic investors to favor local debt over the traditional safe haven of US debt.

Topics discussed include volatility, correlation, bonds, 0DTE options, Volmageddon, institutional investor strategies, role of VIX, dispersion index, investor complacency, tail hedge, options trading risks and opportunities, systemic risk, correlation between duration and credit risk in corporate bond market, advantages of trading options on futures.

Steve Sosnick, chief strategist, is joined by Jose Torres, senior economist, and Joe Burke, head of fixed income.  They discuss the July employment report, the ramifications of the 2-10 inversion, and how hotter weather might be affecting gasoline prices, utility expenditures, and thus consumers’ finances.

Will McBride and Dmitry Pargaminik, cofounders of Market Chameleon join IBKR’s Jeff Praissman to Zero Days To Expiration Options. Contact Information: https://marketchameleon.com/ support@marketchameleon.com Note: Any performance figures mentioned in this podcast are as of the date of recording (July 10, 2023). DISCLOSURE: OPTIONS (WITH MULTIPLE LEGS) Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by visiting ibkr.com/occ. Multiple leg strategies, including spreads, will incur multiple transaction costs.

Michael Normyle – Nasdaq’s US Economist joins IBKR’s Andrew Wilkinson and Jeff Praissman to discuss the current state of the economy and how manufacturing and services are pulling it in two different directions. Contact Information: Email:  Michael.Normyle@nasdaq.com Web:   www.nasdaq.com   Note: Any performance figures mentioned in this podcast are as of the date of recording (July 17, 2023).

With a 90% expectation that the Fed will lift rates again at its July meeting Neil Azous discusses the number one question amongst portfolio Managers these days, which is reinvestment risk and how far along the yield curve they should target. Sponsor Information: Email:  nazous@rareviewcapital.com    Web:   www.rareviewcapital.com Note: Any performance figures mentioned in this podcast are as of the date of recording (July 20, 2023).

Joe Tigay, CTO of Equity Armor Investments, and Kaitlin Meyer, VP at MIAX Exchanges, join Steve Sosnick, Interactive Brokers’ chief strategist, for a wide ranging discussion about volatility.  Topics include: whether volatility is indeed an asset class, will the current low-vol regime persist, and tools for expressing views about volatility, including MIAX’ suite of SPIKES products. Contact Info: LinkedIn – Company: https://www.linkedin.com/company/miax-exchange-group/ Website: https://www.miaxoptions.com/ Note: Any performance figures mentioned in this podcast are as of the date of recording (June 28, 2023). DISCLOSURE: OPTIONS TRADING Options involve risk and are not suitable for all investors. Multiple leg strategies, including spreads, will incur multiple commission charges. For more information read the “Characteristics and Risks of Standardized Options” also known as the options disclosure document (ODD) or visit ibkr.com/occ

CMT’s Tyler Wood discusses the relative strength and weakness of technical analysis and, despite a woeful outlook on the US economy, offers a positive outlook from a charting perspective. TYLER WOOD, CMT Managing Director, CMT tyler@cmtassociation.org Website: CMTAssociation.org CoHost of Fill the Gap   Note: Any performance figures mentioned in this podcast are as of the date of recording (July 5, 2023).

Michael Normyle – Nasdaq’s US Economist joins IBKR’s Andrew Wilkinson and Jeff Praissman to discuss wage growth versus inflation and the different measurements used to measure them. Contact Information: Email:  Michael.Normyle@nasdaq.com Web:   www.nasdaq.com   Note: Any performance figures mentioned in this podcast are as of the date of recording (June 20, 2023).  

Despite evidence of a slowdown in employment growth, a seismic shift in interest rate expectations seems to endorse the likelihood of a July interest rate increase.