global head of equity derivative strategy

– “Why hedge because everything is going straight up”? – Now “is exactly the time when should hedge” as volatility in U.S. markets is low – “September is the most dangerous month of the year for equities” – Gold is an “excellent way to hedge for the longer term against the possibility that both equities and bonds go down together at some point and that is quite likely in the next 12 months… – “Hedging is a form of insurance. You want to buy it when it is cheap and you hope never to use it” – “The best time to hedge [...]

– “Why hedge because everything is going straight up”? – Now “is exactly the time when should hedge” as volatility in U.S. markets is low – “September is the most dangerous month of the year for equities” – Gold is an “excellent way to hedge for the longer term against the possibility that both equities and bonds go down together at some point and that is quite likely in the next 12 months… – “Hedging is a form of insurance. You want to buy it when it is cheap and you hope never to use it” – “The best time to hedge [...]