On Friday afternoon, we brought you “Requiem For 2017: The Year In Charts,” a visual guide to what, by most accounts (double entendre alert), was a stellar 2017 for investors.
At this point, you’re probably exhausted with year-ahead outlooks, forecasts, “top themes”, and the like. Indeed, if you can’t regurgitate the ubiquitous “Goldilocks” narrative off the top of your head, then you’re not in the loop.
Similarly, you should be so well-versed in the prevailing market dynamics that you can list at least four reasons why vol. was suppressed in 2017 even after eight shots of cheap vodka.
Finally, you should be so indoctrinated with the research that if you were hammered drunk, you would still have absolutely no problem explaining how VIX ETP rebalance risk might interact with model-based selling from systematic strats during a bond tantrum.
If you’ve been following along here at HR all year, then we’re entirely confident in your ability to intelligently discuss these matters while completely inebriated. And if we run into you anywhere, we’re going to test that theory.
But on the off chance you needed a little more in the way of 2018 prognosticating, we thought we’d bring you some excerpts from the final note of the year by Goldman’s econ team, which finds Jan Hatizus laying out “10 questions for 2018.”
Via Goldman
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