Documents tagged "Yellen"
Found 2 documents with this tag
HOUSE_OVERSIGHT_029583.txt
This email exchange discusses the appointment of Jerome Powell as chairman of the Federal Reserve Board and potential issues with his qualifications for the role. Key people mentioned include Powell, former Fed chairs Alan Greenspan and Janet Yellen, economist Alan Blinder from Princeton University, and Jared Kushner and Ivanka Trump. The sender recommends getting rid of Powell rather than Secretary of State Mike Pompeo or Treasury Secretary Steven Mnuchin.
HOUSE_OVERSIGHT_014972.txt
The document discusses equity volatility insights with a focus on the European Union and United States' equity markets. It suggests monetizing correlation through EU bank dispersion and extracting alpha from summer SPX range as policy and positioning create a "collar" equities. The report also recommends buying in-the-money down and out puts on the S&P, and position for greater dispersion in EU bank sector returns by buying a Dec17 call on an equally-weighted basket of Santander, BNP, ING, Intesa, and Deutsche Bank while selling worst-of calls. The report emphasizes that monetary policy is likely not supportive of substantial equity upside but the "Yellen put" still exists with a lower strike.