ReSolve Riffs with Cem Karsan on Regime Change and Strategies to Navigate an Inflationary Decade

Resolve's Gestalt University

It was our great pleasure to welcome back Cem Karsan (also known as @jam_croissant on Twitter), Founder and Sr. Managing Partner at Kai Volatility Advisors. This deeply insightful conversation included topics such as:

• A recap of the last few months in equity markets
• Volume-weighted time and why seasonality matters more than most people know
• The acceleration of gamma, vanna and charm – a dangerous time to be short equities
• Dealer positioning as a major gravitational force in markets, often overlooked
• The ‘game of chicken’ played between speculators, hedgers and market makers
• Less ‘put hedging’ begets the currently very low skew observed
• Why the first and last two weeks of a year are so important
• The large impact of retail speculative activity and challenges to market makers
• Households still sitting on very large excess savings, which is often making its way into equity markets
• Buy the dip – investors’ conditioning over the last 40 years
• The risk of another lost decade for equity investors
• Millennials vs Boomers – a generational tussle
• Why the American dream has become increasingly unattainable to most
• And much more

This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management Inc.

*ReSolve Global Inc. refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global Inc. is a registered person with the Cayman Islands Monetary Authority.