It is the 30th of March 2017


Tempted to harbor deep resentments against blacks, government, or family? I am.

“Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.” 

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Hedges Are "Pricing A World Almost Free Of Risk" Says BofA: Here's How To Trade It

Over the weekend, Bank of America's volatility experts Jason Galazidis and his team, pointed out that while US equity vol remains at historic low levels, it is not just equities where market participants are remarkably complacent, and write that both US credit & Chinese equity hedges "are pricing a world almost free of risk."

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