Monthly Archives: July 2020

A Doomed Next Generation EU

EU politicians once again gathered over a weekend to sort out an important existential problem. At the end of four days of around the clock horse-trading, exhausted heads of government delivered the usual bromides. The EU is a little bit … Continue reading

Posted in Letters to the Editor | Leave a comment

A Bright Light in a Short Gamma World

When we first started working on Wall Street in the early 1990s, large trading floors were the norm. Dozens, when not hundreds, of employees worked long hours in close proximity to each other. We used to get blank stares and … Continue reading

Posted in Reports from the Field | Leave a comment