Should fund managers hedge against another crash? The black swan debate is on… https://t.co/uFMljU2Dxp via @markets
— Sam Potter (@SamJPotter) May 6, 2020
The biggest shock in modern market history made black swan insurance the hottest trade of the year. It was only a matter of time before the naysayers showed up.
As stock turmoil recedes and fund managers the world over contemplate hedging against the next big crash, options-based defensive strategies have been dominating the headlines for making a killing in the sell-off.
https://twitter.com/GreekFire23/status/1258101878010843136
THE ANGELS ARE FALLING
23 U.S. companies have been cut to junk in 2020 >3x 2019’s first 6 months. Meanwhile GM, Marriott, Hyatt, Expedia, Nordstrom & Kohl’s are clinging to lowest rung of investment grade w/at least one negative outlook/downgrade review pending
@markets pic.twitter.com/lhhNqlJdL9
— Danielle DiMartino Booth (@DiMartinoBooth) May 6, 2020
https://twitter.com/realwillmeade/status/1258056297318055940
https://twitter.com/hks55/status/1258082206599327746
https://twitter.com/NorthmanTrader/status/1258032779771752449
https://twitter.com/hks55/status/1258107702565392391
https://twitter.com/HedgeyeDDale/status/1258121964717309959
Important chart. Lots of concentration in the "Big 5" mega cap stocks. https://t.co/jUiqC97gSy
— Lyn Alden (@LynAldenContact) May 6, 2020