The Market Is Mispricing A Correlation Shock | Dean Curnutt
Published: September 16, 2026
Duration: 54:02
Historically low volatility may be masking a meaningful shift in market risk and the AI trade.
This week, Macro Risk Advisors CEO and Alpha Exchange Host Dean Curnutt explains why unusually low stock correlations make tail hedging increasingly compelling.
We explore volatility pricing, crowded correlation trades, the Treasury market stress, why AI stocks could suddenly move together, and whether the Fed can calm markets. Enjoy!
TIMESTAMPS:
00:00 Intro
05:08 Why Stock Correlation Collapsed
10:49 What’s Driving The Dispersion Trade?
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