Emerging Markets Are Underperforming Again

Earlier we wrote about emerging markets and how the companies that construct the indexes were going to increase the Chinese component.Now this:“Regulatory filings show that hedge funds in the first …

Are You Unknowingly Betting On China During A Trade War?

This from yesterday’s Wall Street Journal:”Investors are about to buy billions of dollars in mainland Chinese stocks even as trade tensions whipsaw markets.”Two of the largest global index providers, MSCI …

Freakish Volatility: Another Confirmation

A recent Bloomberg article confirms the fragile condition of the market. Don’s recent post talked about how algorithmic trading is causing a lack of liquidity that contributes to volatility spikes.This …

Which of these two articles is Fake News?

The Wall Street Journal’s headline says that options have considerably more risk than buying stock.Meanwhile the CBOE headline points to research that shows options-based strategies generate higher incomes with less …

March Market Madness

What an active March we have had here at Fishback Management! We started the month off with talking about the disposition effect which created quite the chatter in our ODDS …

Volatility Low Everywhere

On Monday the 18th, in our ODDS Community we were posting and talking about how low volatility was everywhere. We also talked about the right strategy for low market volatility …

Outcome Bias

I want everyone to read this article by Joe Wiggins. As an investing instructor for over 20 years, I’ve been uniquely positioned to witness the effect of outcome bias. In …

Volatility of Volatility, ongoing

Don recently posted about the Volatility of Volatility here. I wanted you to see the chart of just how low VVIX is. We have an ongoing discussion about this in …