Top Traders Unplugged
From Top Traders Unplugged:
Today, we reflect on previous conversations with guests on the Global Macro series and how they have developed us as investors. We also discuss the historical framework of the Fed and their role and power in the economy, how 40 years of monetary policy and technological revolution has caused historic inequality and how recessions have been handled throughout history. Additionally, we address the consequences of ultra low interest rates and high inflation and why we might see a loss of credibility in the Fed going forward, the importance of finding an edge in your investment strategy. Lastly, we discuss the strength of the dollar, how investors should position themselves in the wake of a Fourth Turning and much more.
From TD Ameritrade:
The March and September OPEX are historically particularly dangerous, says Cem Karsan. He monitors trends in market volatility, highlighting movement in the VIX. He also talks about what to watch for in options expirations. He then goes over how investors can approach market volatility.
From Unusual Whales:
Our hosts were joined by some of the most brilliant minds in Macroeconomics on the net to discuss CPI expectations and the numbers released (8.5% vs. expected 8.7%), as well as what these numbers mean for the markets and world theater from a macro bird’s eye view.
From Excess Returns:
In this episode we are joined by Kai Volatility founder Cem Karsan. Cem has led the way in educating investors about the importance of option dealer flows and the impact of hedging on the market. We discuss this issue in depth and look at how dealer positioning can have a much greater impact on markets than many believe. We also look at what that impact means for long-term investors. In the second half of the conversation, we discuss Cem's unique macro framework and the major secular changes the economy and markets are seeing in the wake of the pandemic. He also provides one of the most insightful answers we have had to our standard closing question so make sure to stay tuned until the end.
From TD Ameritrade:
“I would actually say a rally here happening is ultimately increasingly bearish for a second leg down that is more volatile.” Cem Karsan discusses the latest trends in stock market and option market volatility. Karsan provides an actionable warning about how long this bounce can last before it becomes fadeable.
From ReSolve Riffs:
We had the pleasure this week of speaking with Cem Karsan (the pronunciation can be a bit challenging, bit the hint is in his Twitter handle - @jam_croissant), founder of Kai Volatility Advisors. His deep knowledge of market structures and investment flows took us on a fascinating conversation.
From Business Brew:
Cem Karsan stops by The Business Brew to discuss the lens he views markets through. Cem's viewpoint is unique compared to many guests on this program because he looks at how options dealers are positioned and considers what flows may result from that positioning. Many guests on this show view equity valuation as the present value of the discounted cash flows available to equity. While Cem would likely agree with that, he argues in this episode that an equity's valuation is really an output derived from the options market (which expresses probabilistic views of discounted cash flows). We hope this episode gives you something to think about!
Jones & Friends
From Jones & Friends:
How can investors measure volatility, and what is volatility exactly? "Fixed rate volatility is not under much pressure considering the Fed announcement. Broadly, the Fear Index or the VIX is not really a fear index as it does not represent real sentiment," says Cem Karsan. Are investors on a rally, looking to hedge? Karsan is not surprised by the stock market reaction to the Fed meeting.