Dean Curnutt - The Reflexivity of Equity Volatility (S6E16)

Corey Hoffstein and Dean Curnutt delve into Dean's career, from the 1987 stock market crash to insights from LTCM. They discuss shifts in Fed communication, market efficiency, and European banks' role in recycling correlation risk. Topics include options on variance, the Global Financial Crisis, and regulatory changes. They also explore reflexivity, meme stocks, and market dynamics like the UK systemic risk event and equity volatility. Dean shares his experience launching Macro Risk Advisors and the smart brokerage model, highlighting volatility's value in investment strategies. The episode concludes with insights from the MacroMinds foundation and a tarot card exercise.