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SCOUT· 29%42m·2026-09-04·Money
SCOUT· 29%42m·2026-09-04·MoneyThe Case for Tail Hedging
Alpha Exchange · 268
In this discussion, I make the case for tail hedging. I communicate two main ideas. First, I lay out the concept of the “fourth type of risk off”, an episode that features instability in the back end of the US bond market. As I’ve said, nothing can really work in markets if the Treasury market does not. Count me as…
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