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"Wake up Mr. Risk at 1328," writes State Street's "Mr. Risk" Fred Goodwin, calling 2013 "the...

  • Wednesday, January 9, 11:29 AM ET
    "Wake up Mr. Risk at 1328," writes State Street's "Mr. Risk" Fred Goodwin, calling 2013 "the year to be long volatility." Last year at this time, investors were focused on risks and assets were priced to match. Not now though, he says, expecting too much fiscal tightening in the U.S. and a re-emergence of the EU debt crisis.
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This news story has 3 comments:

  •  
    I agree... don't let those interest rates go up is name of the game now!
    9 Jan, 11:32 AM Reply Like
  •  
    He expects "too much fiscal tightening in the U.S."? Really? With this congress and this president?
    9 Jan, 11:42 AM Reply Like
  •  
    Being long volatility (VXX) without market timing is a death spiral because of the vix contango which is currently running about 8% a month.
    9 Jan, 04:19 PM Reply Like
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