Curnutt Warns Trade Overhang May Weather Ability to Take Risk

The video discusses the impact of trade disputes on China's growth and the global economy. It explores various risk dimensions, including monetary policy, trade, geopolitics, and markets. The discussion highlights concerns about economic indicators like PMI and the weakening European economy. The video also analyzes currency management, particularly the Dollar-Yuan relationship, and market correlations with the VIX. It emphasizes the need for risk aversion and explores hedging strategies using gold, highlighting its negative correlation with the S&P and its role as a hedge against economic uncertainty.

What is the significance of the correlation between CNH and the VIX?

Why are gold call options considered a compelling hedge?