Noel Smith's Gut and His Math Completely Disagree Right Now

Описание: Noel Smith, CIO of Convex Asset Management, gives an unusually honest answer after the Nasdaq's worst session in years: his gut and his math completely disagree. His gut says the market bounces. His mathematical signals say realized volatility has jumped into a rare percentile and tends to cluster around a new regime. He only trades the math. Implied correlation also leapt nearly 140% in one session, which he reads as investors forced into decisions they know aren't optimal.

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Chapters
00:00 Back with Noel Smith
00:34 Implied correlation up 140%
01:00 Is this a real regime change?
01:42 Why correlation gets bid
03:35 His gut versus his math
04:38 What the VIX move really showed
05:25 Short gamma and the rehedging
06:24 What changed in the bond market
08:02 Cross-asset vol isn't screaming
10:56 How to scale in after a shock

#tastylive #tradingtrends #noelsmith #volatility #correlation #vix #dispersion #riskmanagement #optionstrading #stockmarket

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