Hedge Funds Position For A More Volatile World

US hedge funds are reducing their short-volatility exposure by stepping back from the basis trade and deploying the released cash into T-Bills, leaving them better positioned for more volatile trading conditions...

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Pinky Promise

It's not a great idea if American (or Taiwanese) troops find themselves staring down the barrel of an M16. Unless, as part of the arms deal, China pinky promises to only use them for peaceful purposes...