Macro Insiders: In Focus from Julian “Of Egos & Accidents”

First GameStop, now Greensill and Archegos. The early fissures in market structure are beginning to appear. But Bear Stearns (2007) tells you things take time. Emblematic they may be, but FOMO remains the dominant factor in a financially repressed world of loose fiscal and monetary policy. With re-opening on the horizon, Risk Management holds the key.

 

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