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...The best way to get pinged new AV content is to add us to “myFT” and set up an email alert, but if you’d prefer a weekly AV round-up — plus some occasional deep cuts — then this should do the trick....
...TL;DR: The size of funds that directly affect the Vix calculation is too modest, and if they were to blame you’d see a very different pattern in options prices. So what is to blame?...
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...So you’d basically be giving up a fairly nice, simple, cheap, transparent model for a bit more opacity, a lot more costs....
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...Please let us know if you’d prefer NOT to be named in the post that’ll go up on Monday. On all matters, the judge’s decision is final. Godspeed....
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...Its analysis found that the average benchmark mean value (or “band D”) property in Greater London will rise by £105.57 to £1,894, while in the North East it will go up by £112.14 to £2,315....
...As you’d also expect, the impact was the greatest on the first day of announcement, with negligible effects from subsequent reiterations or new but similar announcements (zoomable version)....
...First of all, since so many people were clearly stumped, here are the correct answers: This shows the estimated R* for the US economy (Laubech-Williams model, natch)....
...I’d note that the current pace of asset runoff is around twice what it was in the first half of 2019....
...But we’d suggest that Franklin should have other priorities....
...And if that wasn’t enough to take all this with a pinch of salt, remember that this time last year 85 per cent of economists thought we’d be in a recession by now....
...One Twitter user reported that she’d edited her parents’ missive to remove the number of funerals they’d attended....
...It kept banging on about “May” and “June”, even when they weren’t the possible months they’d used in the revised puzzle, and started making obvious logical errors in its reasoning....
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