Monday, May 4, 2020

WSJ: A "Risk" ETF at the Right Time

By SIMON CONSTABLE

Launching an exchange-traded fund is always an uncertain venture. But trying to do it during a pandemic takes it to a new level.

Yet that’s what one company did: RPAR Risk Parity ETF (RPAR) made its debut on Dec. 13, right around the time Covid-19 was starting to ravage Wuhan, China. Read more here.

WSJ: What is "Priced In"?

By SIMON CONSTABLE

What do investors mean when they use the phrase “It’s priced in”? They’re talking about the way investors’ expectations move financial markets. Read more here.

Photo by Elena Mozhvilo on Unsplash

Monday, April 27, 2020

Forbes: Bitcoin Markets Hide Vast Risk-Free Profits, Study Shows

By SIMON CONSTABLE

Hundreds of millions of dollars a year in risk-free profits could be hiding in the markets for Bitcoin, experts say. 

The market for Bitcoin has grown massively in the decade or so since the cryptocurrency got invented. But that growth has not come in tandem with efficient markets where the price of one bitcoin is worth roughly the same on every cryptocurrency exchange, according to new research published recently in the Financial Analysts Journal (FAJ). Read more here.

Flying LogosCC BY-SA 4.0, via Wikimedia Commons

Wednesday, April 22, 2020

Korn Ferry: What Are Your Revenues Next Month? $1 Million? $1,000?

By SIMON CONSTABLE

Usually, when businesses decide the volume of products that they want to produce, they have a slew of data to study. Last month’s sales, seasonality, the buying patterns of big customers, even changes in government regulations can be useful guides.

But such things don’t seem very relevant now and likely still won't be when the economies of the world get back to business as the coronavirus pandemic fades. "No one knows how the demand will be restarted or the supply," says Yannick Binvel, president of Korn Ferry's Global Industrial Market practice. Read more here.