Portfolio manager with momentum and vol strategies. Also hack guitar player who sings. Tweets/RTs are not investment advice. You need to do your own work!!
85% downside day following Warsh's debut as Fed Chair.
Clearly, the blue tie was the wrong choice.
In all seriousness, bad spot for realized correlations to pick up. Luckily, semis were able to avoid the worst of it, which has been the key contributor to the rally since April.