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I’m a crazy cat lady. Those that know me well in the industry are already clued into that fact. Those that don’t know me well probably at least suspected it. After all, no one can be this sarcastic and inappropriate without spending an inordinate amount of time by herself. What folks may not know is

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In a world of negative yields, oil price roller coasters, European bank weakness, and intra-day volatility, it is natural to want to add a loss floor, minimize return volatility, or both. Even for the most disciplined long-term asset managers and their investors, it is hard to not get distracted by this developing trend of volatility. How do you ensure you are prepared for the next stage of stabilization until these left tail events move in the expected range?

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Greetings, Let’s start with the energy markets where fundamentals continue to create headwinds for oil prices. 1. US crude oil inventories reach the highest level since the late 1920s. 2. Inventories at Cushing, OK (the WTI futures settlement hub) rise to record levels. 3. US oil output is barely budging in spite of a number of

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Madam Secretary Yellen’s testimony to Congress on Wednesday lasted three whole hours, making it clear that the Federal Reserve’s actions are increasingly attracting political scrutiny. Indeed, Yellen’s role is more vital than ever, both for the US and global economy. Given that the deadlock in Washington means fiscal stimulus is unlikely, monetary policy remains the only feasible means to avoid the US economy dipping into recession

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