Jul 20, 2025
Is Wall Street flying blind—high on history, short on memory?
Markets are fixated on recent trends, with bond yields seen as high and stock buying at record levels accepted as smart strategy—despite mounting fiscal concerns. This “short memory” risks misjudging structural shifts, like a potential return to 1960s-style #inflation. #Investors may be clinging to post-2009 narratives that no longer fit today’s reality.
https://x.com/mohossain/status/1926099359550034174?s=46
#RiskArb #HedgeFund #Tailrisk #investor @ennovance
ht Apollo/FT