January 20, 2020· 51 min
How An Exotic Investment Product Sold In Korea Could Create Havoc In The U.S. Options Market
Orality
Model
70%
Oral-dominant (speeches, podcasts, storytelling)
Speaker Breakdown
HostTracy Alloway(1,481 words)
M:29%
HostJoe Weisenthal(1,628 words)
M:29%
GuestBenn Eifert(6,199 words)
M:28%
Oral Indicators
Agonistic44%
literally, completely, basically
Engagement50%
you, our, your
Memory Aids100%
listen, now, like
Repetition100%
know (147x), right (82x), they (73x)
Parallelism100%
And I'm Joe Wasenthal...., But, no, this actually has not..., So what is a Super Lizard?...
Sound Patterns78%
75 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
at the end of the day, you know what, i mean
Literate Indicators
Hedging7%
maybe, may, might
Passive Voice8%
was when, was linked, was called
Abstract Nouns15%
investment, recommendation, vacation
Subordination9%
because, while, unless
Sentence Length51%
Avg: 17.7 words/sentence
Word Complexity45%
investment, analyze, anticipate
Academic Markers3%
according to
Impersonal Style50%
479 personal pronouns found
Descriptive Style100%
literally, completely, actually
Description
What's the connection between low global interest rates, Korean retail investors, and the U.S. options market? On this week's Odd Lots podcast, we discuss the fascinating world of Korean structured notes with Benn Eifert of QVR Advisors. He explains how a very exotic type of investment sold to Korean retail investors could, through a series of hedging requirements, end up causing massive volatility in the market for S&P 500 options. See omnystudio.com/listener for privacy information.