BAML Survey Shows The World Turned Upside Down: Most "Crowded Trades" Bitcoin & Short Vol - Hedge Fund Alpha (formerly ValueWalk Premium)
19Dec2017

BAML Survey Shows The World Turned Upside Down: Most “Crowded Trades” Bitcoin & Short Vol

On a day when the much-ballyhooed tax plan passage in Congress leads to the stock market selling off Tuesday – buy the rumor, sell the fact – it is interesting to note that bitcoin selling off might just be the new indicator of “risk off” for the market. In part, this concept can be seen in Bank of America Merrill Lynch’s December 19 Global Fund Manager Survey, which paints an institutional picture of “Golditrumps” market environment where “short volatility” is a top three crowded trade alongside bitcoin. Get The REITs eBook in PDF Get The Full REITs eBook In PDF...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.

Author

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Related Posts

Morningstar Investment Conference: BlackRock Says US Fixed Income Has Become A “Frankenstein Market”

25 September, 2020

A keynote session at this year's Morningstar Investment Conference, which took place on the 16th and 17th of September, considered income investors' outlook in an ultra-low interest rate world. Q2... Read More

Matthews Asia – China: What If The Sky Isn't Falling?

14 May, 2021

Perhaps the key takeaway from the just published third quarter China macro numbers is that the sky didn’t fall. Back at the start of the year, consensus seemed to... Read More

Puerto Rican Debt Puerto Rico debt collapse

As Puerto Rico's Relief Bill Runs Through Congress, Virgin Islands Debt Even More Challenging

13 May, 2021

As Puerto Rico's elections are heating up, with a populist approach to handing out responsibility for forcing bond holders to accept some losses being potentially put in jeopardy, businesses... Read More

Private Equity Secondaries Fundraising

Morning News: Hewlett-Packard, JCPenney, Tesla Motors, Blackstone

13 May, 2021

Morning News - Market Update  Stocks that are expected to trade actively in U.S. markets on Thursday include: Hewlett-Packard Company (NYSE:HPQ), J. C. Penney Company, Inc. (NYSE:JCP), The Blackstone Group... Read More

Copper, Iron Ore

Barclays Sees Copper, Iron Ore Cooling Off In 2017

14 May, 2021

Metals have sharply rallied not just in the glow of Trump’s victory, but starting since the middle of October. Expectations of a stimulus under the Republican president-elect and expectations... Read More

Banks Vs Insurance

India's Life Insurance Industry Could Top $400 Billion By 2020: MetLife

13 May, 2021

With 12 to 15% growth, life insurance industry in India should be a USD350-400 billion market place by 2020, according to a senior exec at Metlife. During an interview with... Read More

IBM Best Potential 'Future' Value Investment

13 May, 2021

Value investing does not have to offer immediate value, or even immediate returns. Indeed, the best value investments are the ones that offer value, growth and returns for many... Read More

Commerzbank Negative Interest Rates Negative Interest Rate Policies

ECB Policies Could Backfire As Commerzbank Mulls Hoarding Cash

13 May, 2021

Commerzbank contemplates hoarding cash in its vaults rather than put it into the hands of the ECB and negative interest rates As fund managers met in the heart of Germany... Read More

D.E Shaw Hikes Fees To 40% Amid Dismissal Lawsuit

7 October, 2022

Hedge fund giant D.E. Shaw is on a roll. Its Composite Fund, the firm's flagship fund, generated an estimated net return of around 18.5% in 2021, only slightly lagging... Read More

China ghost town

Tariff On Chinese Goods Would Cause Exports To Collapse 87 Percent: Daiwa

14 May, 2021

Donald Trump’s suggestion of a 45% tariff on Chinese imports to the U.S. would lead to an 87% decline in them, and over time due to multiplier effects, such a... Read More

Exclusive Database On The Hedge Fund Industry.

  • The top resource for hedge fund letters since 2011.
  • Read by the top value investors around the world.
  • Institutional information at retail prices.
  • Learn how the best invest.
X
Saved Articles
X
TextTExtLInkTextTExtLInk