Risk Management Principles

Alf and Brent discuss the ECB and Bank of Canada cuts, and reflect on the big bond market moves seen recently coupled with carry trade implosions. The discussion focuses around risk management principles to prevent bad left tail outcomes when running carry trades, and how to identify positive expected value trades in macro.

Alf is offering a 2-weeks free trial to his institutional research: ping Alfonso Peccatiello on Bloomberg to get in.

Brent just launched Spectra School: www.spectramarkets.com/school

Transcript of this episode: https://www.spectramarkets.com/tmtf-transcript-07-june-2024/

Paper about the real value of gold: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4807895

The Signing of the Boob: https://x.com/donnelly_brent/status/1798055339881107626