Signals are everywhere, but sometimes it’s just noise. For example, many big names in the investment world are pointing to recent large swings in the bond market as a signal of future financial instability. Cris Sheridan welcomes back Ben Hunt PhD, Chief Risk Officer at Salient Partners and the author of the popular newsletter Epsilon Theory, which analyzes the market through the lens of game theory, history, and behavioral analysis. In this interview, Ben applies the “Rosetta Stone for understanding signals” and says, from the point of view of Information Theory, markets are stuck in an extremely stable equilibrium.
Ben Hunt On Information Theory, Bonds, And The Entropic Ending
By Sheeraz Raza
Published on
