Dean Curnutt

CEO/Founder

Dean Curnutt is the CEO of Macro Risk Advisors, a firm that provides global market risk analysis and execution for institutional investors. He was formerly managing director and head of equity sales-trading at Banc of America Securities.

Latest

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Bloomberg Opinion

Markets Today Have Much in Common With 2007

In their benign pre-crisis economic assessment, policy makers failed to appreciate the fragility imposed by asset prices.

April 26, 2018

April 26, 2018

OpinionDean Curnutt

Markets Today Have Much in Common With 2007

In their benign pre-crisis economic assessment, policy makers failed to appreciate the fragility imposed by asset prices.

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April 4, 2018

April 4, 2018

OpinionDean Curnutt

Market Paradigms Have Quickly Shifted on Investors

There has been a strong expectation that the extremely low level of volatility experienced last year would persist.

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February 9, 2018

February 9, 2018

OpinionDean Curnutt

Markets Show What They Don't Know About Derivatives

An unvirtuous cycle of new money is pushing prices higher in a chase for returns.

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January 11, 2018

January 11, 2018

OpinionDean Curnutt

Cryptocurrencies Steal Volatility Away From Stocks

Earnings drive fluctuations in equities, but there are no such yardsticks for bitcoin -- only the waxing and waning of enthusiasm for a potentially revolutionary asset class.

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December 4, 2017

December 4, 2017

OpinionDean Curnutt

Era of Low Volatility Will Unwind Formulaically

History shows an inevitable disruption.

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September 27, 2017

September 27, 2017

OpinionDean Curnutt

There Are No Bad Securities, Only Bad Correlations

Recent history shows that misplaced correlation assumptions can underestimate the risk in markets.

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August 21, 2017

August 21, 2017

OpinionDean Curnutt

Stock Returns, Like Politics, Are Not Normal

There are two primary reasons for the protracted decline in both implied and realized volatility.

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July 10, 2017

July 10, 2017

OpinionDean Curnutt

Fed Has Put Markets in Survival Mode

Interest rates this low are far less important for growth than they are for corporate profits, asset prices and carry trades.

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May 26, 2017

May 26, 2017

OpinionDean Curnutt

Low Volatility Is Market's Most Significant Danger

The excess amount of capital chasing opportunity is resulting in more, not less, risk.

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May 2, 2017

May 2, 2017

OpinionDean Curnutt

Low Volatility and the Risks of Crowded Trades

Investors need to appreciate the disconnect that can emerge between the price of risk in the market and the actual risks.

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