Dissecting Financial Instruments Failures and the Gamma Squeeze Phenomenon With Dave Kranzler
Lead-Lag Live - Ein Podcast von Michael A. Gayed, CFA
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Ever wonder why financial safeguards like portfolio insurance and derivatives sometimes fail catastrophically? In our latest episode with Dave Kranzler, we dissect these instruments and their inability to accommodate extreme two-sigma events, a shortfall that contributed to the 1987 stock market crash and Long Term Capital's collapse. We also unravel the unique intricacies of the gamma squeeze dynamic and its distinct divergence from traditional derivative scenarios.Are we headed for a recess...