Americas Economic Data for US Q4 2018 GDP came in at +2.6%, as consumption grew slightly less than forecast but business investment beat expectations. However, with the Federal government partial shut-down through January 25th, GDP for Q1 2019 is on the top of everyone’s minds. The initial reading by…
Where are the Black Swans? By definition, a “black swan” is a very-low-probability, high-negative-magnitude-market-moving event that runs counter to conventional wisdom. The global financial crisis in 2009 is the most recent example as beliefs that US housing prices could never fall across the country simultaneously led to massive systemic…
Outside of the February 2018 short volatility debacle, 2018 started promising for many CTAs. Most CTAs we were allocating to did well month after month until fall. Then, once volatility returned to the markets, the CTAs were not able to capitalize and ended up giving back much of their gains…
Americas Economic Data for US Q4 2018 GDP as forecasted by the Atlanta Fed ticked higher than last month to +2.7%, with strong employment and wage figures coming into play. However, with the Federal government partial shut-down through January 25th, GDP for Q1 2019 is on the top of everyone’s…