Well if we had confidence in any major parameter shifting in either direction it would be tradeable, so I expect reasonable pressures on both sides of such variables.
Economists mostly disagree with present market sentiment, which could be the basis for a trade: http://www.igmchicago.org/surveys/policy-for-the-covid-19-crisis/
Interesting. The idea here that the market is still on average underestimating the duration and thus the magnitude of the contraction?
I think that’s right.
Well if we had confidence in any major parameter shifting in either direction it would be tradeable, so I expect reasonable pressures on both sides of such variables.
Economists mostly disagree with present market sentiment, which could be the basis for a trade: http://www.igmchicago.org/surveys/policy-for-the-covid-19-crisis/
Interesting. The idea here that the market is still on average underestimating the duration and thus the magnitude of the contraction?
I think that’s right.