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Ep. 677: Mark Blyth Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The End of Tail Risk

The notion of tail risk, potential black swans, I think people are starting to forget. Because you have this technology now that's almost 50% of the market called passive investing. Add to this the central banking community that's so desperate to lower volatility and encourage investment. They've chucked trillions of trillions of dollars in the global economy through QE. If something really bad happens, they don't know what to do because they're not programmed to hold cash.

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