“Financial Economics, I argue, did more than analyze markets; it altered them. It was an ‘engine’ in a sense not intended by Friedman: an active force transforming its environment, not a camera pas…| Convex Strategies
“…granting boundless power to government agencies to solve the world’s problems does not square with my disposition…some may believe the biggest threat to our economy comes from outsiders who seek …| Convex Strategies
“Moral hazard is a natural concern for a policy which removes the main risk that hedge funds face when taking leveraged positions in cash-futures basis.” Kashyap, et al, March 2025 The above quote …| Convex Strategies
“The products are gaining traction because the buyers don’t have to mark them to market, thus avoiding the possibility of booking paper losses.” Japan Regulator Planning Crackdown on $6…| Convex Strategies
