HarmoniQ Insights

William Mann

Independent Insight Provider

At HarmoniQ Insights, we empower investors to enhance their investment strategies by integrating cutting-edge quantitative research processes and technologies. Our solutions provide access to leading quantitative data providers and services, tailored to align with each client’s unique goals. By bridging the gap between traditional investment approaches and advanced data-driven methods, we help clients gain a competitive edge through innovation in both process and technology.

Cross Asset Strategy

<ul><li>Market experiencing steepening yield curve, potentially indicating higher inflation and stronger growth</li><li>Stocks rallying, with significant moves in earnings yield and small caps</li><li>Asia and Europe markets up, Dow, S&amp;P, Nasdaq, and Russell all posting gains; Gold and Bitcoin down, Oil up, Vix down</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Market experiencing steepening yield curve, potentially indicating higher inflation and stronger growthStocks rallying, with significant moves in earnings yield and small capsAsia and Europe markets up, Dow, S&amp;P, Nasdaq, and Russell all posting gains; Gold and Bitcoin down, Oil up, Vix downThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Bitcoin, Buffett, and the Barbarians at the Gate | Ep. #020 - The New Barbarians Podcast

Podcast series by Dean Curnutt, Alpha Exchange

Alpha Exchange

Podcast series by Dean Curnutt

The Alpha Exchange is a podcast series launched by Dean Curnutt to explore topics in financial markets, risk management and capital allocation in the alternatives industry. Our in depth discussions with highly established industry professionals seek to uncover the nuanced and complex interactions between economic, monetary, financial, regulatory and geopolitical sources of risk. We aim to learn from the perspective our guests can bring with respect to the history of financial and business cycles, promoting a better understanding among listeners as to how prior periods provide important context to present day dynamics. The “price of risk” is an important topic. Here we engage experts in their assessment of risk premium levels in the context of uncertainty. Is the level of compensation attractive? Because Central Banks have played so important a role in markets post crisis, our discussions sometimes aim to better understand the evolution of monetary policy and the degree to which the real and financial economy will be impacted. An especially important area of focus is on derivative products and how they interact with risk taking and carry dynamics. Our conversations seek to enlighten listeners, for example, as to the factors that promoted the February melt-down of the VIX complex. We do NOT ask our guests for their political opinions. We seek a better understanding of the market impact of regulatory change, election outcomes and events of geopolitical consequence. Our discussions cover markets from a macro perspective with an assessment of risk and opportunity across asset classes. Within equity markets, we may explore the relative attractiveness of sectors but will NOT discuss single stocks.

Technical Analysis

Chicago Board Options Exchange Volatility Index / Technical Analysis

Chicago Board Options Exchange Volatility Index

<ul><li>Seller understanding that product may not sell immediately, similar to rainy day insurance with put options</li><li>Tight correlation between supply, demand, and prices in liquid markets like put options</li><li>Market risk climate currently influenced by high implied volatility due to upcoming events like elections, similar to date certain macro events in the past like Brexit or company earnings dates</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Seller understanding that product may not sell immediately, similar to rainy day insurance with put optionsTight correlation between supply, demand, and prices in liquid markets like put optionsMarket risk climate currently influenced by high implied volatility due to upcoming events like elections, similar to date certain macro events in the past like Brexit or company earnings datesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Macroeconomics

<ul><li>Recent market disruptions, including a dramatic rally in the yen and a significant increase in the VIX, have raised concerns</li><li>The convergence of US and Japan CPI rates may have contributed to the narrowing of Fed BoJ policy spread</li><li>The VIX's large move on August 5, 2019, has sparked concerns about the stability of the S&amp;P options market and the potential impact on global risk levels</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Recent market disruptions, including a dramatic rally in the yen and a significant increase in the VIX, have raised concernsThe convergence of US and Japan CPI rates may have contributed to the narrowing of Fed BoJ policy spreadThe VIX's large move on August 5, 2019, has sparked concerns about the stability of the S&amp;P options market and the potential impact on global risk levelsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Podcast by Jim Grant on high finance, Grant's Current Yield Podcast

Grant’s Current Yield Podcast

Podcast by Jim Grant on high finance

Grant's Current Yield Podcast

You've read their prose. Now hear their voices. Listen to Jim Grant and Evan Lorenz talk high finance, Grant's-style, with plenty of wit and historical context to enliven their discussion of today's foremost investment topics. Welcome to Grant's Radio!

<ul><li>VIX has become lively, reintroducing volatility to the markets</li><li>Small caps are gaining attention after being neglected for years</li><li>Discussion on credit cycles and potential risks in commercial real estate market, with a focus on interest rates and property values</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

VIX has become lively, reintroducing volatility to the marketsSmall caps are gaining attention after being neglected for yearsDiscussion on credit cycles and potential risks in commercial real estate market, with a focus on interest rates and property valuesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Quantitative Analysis

<ul><li>Dissertation findings show that earnings event risk premium for single stocks makes straddles punitive to own</li><li>Discussion on inflated S&amp;P 500 implied volume levels before macro events like CPI, nonfarm payrolls report, and FOMC meetings</li><li>Recent work on implied dividends shows very little risk premium in dividends, market charging almost nothing for bearing risk of disappointing dividends</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Dissertation findings show that earnings event risk premium for single stocks makes straddles punitive to ownDiscussion on inflated S&amp;P 500 implied volume levels before macro events like CPI, nonfarm payrolls report, and FOMC meetingsRecent work on implied dividends shows very little risk premium in dividends, market charging almost nothing for bearing risk of disappointing dividendsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Garrett DeSimone, Head of Quantitative Research at OptionMetrics

United States

The VIX Index is a financial benchmark designed to be an up-to-the-minute market estimate of the expected volatility of the S&P 500® Index, and is calculated by using the midpoint of real-time S&P 500 Index (SPX) option bid/ask quotes.

Chicago Board Options Exchange Volatility Index (VIX INDEX)

Chicago Board Options Exchange Volatility Index (VIX INDEX)

Bitcoin, Buffett, and the Barbarians at the Gate | Ep. #020 - The New Barbarians Podcast

Alex Fleiss, CEO of Rebellion Research, discusses the current twist steepener regime in the market, with the yield curve steepening due to the...

William Mann

Hedge When You Can, Not When You Have to

Sellers use put options as insurance against market risk in response to fluctuating demand, with a focus on observable and liquid insurance...

Alpha Exchange

VIX Went Cray Cray

The market was impacted by events such as the Yen's rally, Japan's monetary policy, the VIX hitting 65, and the unique risks in March 2020.

Alpha Exchange

THE NEXT MELTDOWN

Overall, the financial world is facing volatility and challenges, with experts like Richard Byrne offering insights on credit, market cycles, and...

Grant’s Current Yield Podcast

Garrett DeSimone, Head of Quantitative Research at OptionMetrics

Dissertation findings reveal overpricing of event risk premium in single stocks and the S&P 500, leading to punitive straddle costs and potential...

Alpha Exchange