Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Tail Risk What a week. The WCLD index dropped >10% over the last week, and yesterday coming off of the CPI release the S&P swung >5% from it’s intraday low to intraday high (this is one of the largest intraday swings since the crazy volatility at the onset of Covid in March 2020). Furthermore, the S&P broke below its June lows to hit a new 1 year low. As I was reflecting on what’s driving the current market sentiment what I kept coming back to was tail risk. Right now, it feels like tail risk is back on the table. Tail risk describes the potential of a rare event, as predicted by a probability distribution (mathematically this is generally a move of 3 standard deviations outside the mean).
0 subscriptions will be displayed on your profile (edit)
Skip for now
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.