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Loving these! Two questions

1) Does the potential move for the Fed to buy corporate debt change your outlook on the HYG put position?

2) Do you think China coming back online after ~2mo limits the potential tail risk on the downside / brings a sense of calm to the U.S. market?

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(1) no crystal ball, but I sill expect HYG to shit bed even if Fed is buying. still short.

(2) definitely encouraging but we're already screwed six ways from sunday. huge impulse has hit the US economy - even if virus went away tomorrow I think we still haven't felt the financial ripples yet

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