Tail risk hedges are a necessity in today’s markets: Nassim Taleb

Tail risk hedges are designed to only pay off when the markets suddenly plunge, so many investors don't have the stomach to carry them. However, one expert on tail risk funds advises investors not to be in the market right now if they aren't using a tail hedge.

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No V-shaped recovery

Black Swan author Nassim Nicholas Taleb told CNBC in an interview that doesn't expect a V-shaped recovery like most investors seem to expect. He considers the market's continuing rise to be strange because it's been happening while the numbers of COVID-19 infections and deaths have continued to...