Forward Guidance(@ForwardGuidance):NEW POD We Cover: 🔸 Why stock correlations are so low 🔸 If dispersion trades unwind 🔸 Systematic tail hedging 🔸 AI concentration amplifying risk 🔸 If the Fed can calm markets & more! @fejau_inc @Dcurnutt @Alpha_Ex_LLC TIMESTAMPS: 00:00 Intro 05:08 Why Stock Correlation Collapsed 10:49 What’s Driving The Dispersion Trade? 18:45 Ads (Token 2049, Avalanche Summit) 20:21 Could Volmageddon Happen Again? 27:16 Why Tail Hedging Looks Attractive 35:35 Can Portfolio Insurance Ever Be Free? 39:55 Systematic Or Discretionary Hedging? 42:33 Where Could Market Risk Emerge? 47:27 Can The Fed Calm Markets? 53:22 Closing Thoughts

2026.09.16 13:20

NEW POD We Cover: 🔸 Why stock correlations are so low 🔸 If dispersion trades unwind 🔸 Systematic tail hedging 🔸 AI concentration amplifying risk 🔸 If the Fed can calm markets & more! @fejau_inc @Dcurnutt @Alpha_Ex_LLC TIMESTAMPS: 00:00 Intro 05:08 Why Stock Correlation Collapsed 10:49 What’s Driving The Dispersion Trade? 18:45 Ads (Token 2049, Avalanche Summit) 20:21 Could Volmageddon Happen Again? 27:16 Why Tail Hedging Looks Attractive 35:35 Can Portfolio Insurance Ever Be Free? 39:55 Systematic Or Discretionary Hedging? 42:33 Where Could Market Risk Emerge? 47:27 Can The Fed Calm Markets? 53:22 Closing Thoughts