They just make you worse, I know I'll see your post again
Really good article here Russell, very comprehensive. thanks
Constantly gaming the system by large dominant multinationals seems par for the course. It will only change in a major recession or as you correctly surmise with political will. The latter has no chance in USA . Think all talk and no trousers.
Hi Russell
Off topic here: but I just had a thought
GLD/TLT has mostly worked only because the (short TLT) leg has performed
But gold has been rising in Yen terms
Are you able to write on how Gold vs JGBs have performed?
Would the performance both in absolute and vol-adjusted be better?
Hmm tricky... Yen is not behaving like it used to... And I am not sure I know why yet, so I try and avoid talking about it!
Really good article here Russell, very comprehensive. thanks
Constantly gaming the system by large dominant multinationals seems par for the course. It will only change in a major recession or as you correctly surmise with political will. The latter has no chance in USA . Think all talk and no trousers.
Hi Russell
Off topic here: but I just had a thought
GLD/TLT has mostly worked only because the (short TLT) leg has performed
But gold has been rising in Yen terms
Are you able to write on how Gold vs JGBs have performed?
Would the performance both in absolute and vol-adjusted be better?
Hmm tricky... Yen is not behaving like it used to... And I am not sure I know why yet, so I try and avoid talking about it!