2014-12-20prudentbear.com

``I believe options and swaptions on corporate Credit are exceptionally dangerous. I also believe they likely help to explain some of this year's (and this week's!) unusual market trading dynamics. Again, think "Bubble On, Bubble Off." Who is on the other side of the explosion of Credit and market insurance? Computers and models. ''



Comments:

mtpockets at 07:58 2014-12-22 said:
Why in the world are you quoting a fund manager who has lost about 20% of the funds capital over about 5 years in one of the largest bull runs in modern history.

Quote people who can at least stay up with the S&P 500 and leave the losers alone. Permalink

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