James Simons is forecasting volatility ahead
James Simons former military Cold War I code-breakerand founder of quantitative h edge fund Renaissance is signaling volatility ahead. James Simons sees a significant risk of “a correction” in prices, the quantitative trader is forecasting volatility ahead. Indeed, with a sea of red on the screen, it would be comforting to call early February’s rout (selloff) in stocks as a well overdue correction, after all, the healthy long-term bull market corrects itself with small short-term bear markets. But calling this recent sell-off in risk assets a correction would be the best case scenario. If investors lose their nerve, crack...
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