Welcome Back, Visible Risk

Risk - and more accurately "visible risk" - has re-entered the market, and that's a very good thing. Visible risk is what you can measure, evaluate, mitigate, manage, and hedge (at least to some degree). Compare that to the alternative we’ve been saddled with for the past few years in the aftermath of the financial crisis - "complete uncertainty" - which amounts to flying blind into uncharted territory, with your only solace being a promise from the government that says it’s here t...