The global market witnesses a 'defensive repricing' driven by escalating geopolitical tech wars and a massive miscalculation in global liquidity expectations. This signals a 'Deglobalization 2.0' where capital seeks sovereign security and supply chain resilience....
Market Analysis
5 Articles
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现代权益衍生品市场（Equity Derivatives Market）已经演变成一个高度复杂的反馈回路系统，其中期权做市商（Market Makers, MMs）的库存定位和由此产生的对冲行为，对标的资产（Underlying Asset）的日内价格走势施加了决定性的影响。...
在当代金融市场的演进历程中，2025年11月20日的交易日将作为一个分水岭而被载入史册。这一天，不仅标志着宏观经济数据与企业基本面信号与市场价格行为的彻底脱钩，更揭示了以零日到期期权（Zero Days to Expiration, 0DTE）为代表的短期衍生品如何从市场的边缘工具演变为决定日内价格走势的核心力量。...
US high yield credit spreads have dropped to just 2.88%, a level 87% lower than the 2008 financial crisis peak. This extreme compression signals dangerous market complacency and potential systemic risks ahead....
An in-depth analysis of yield curve inversions as financial market early warning systems, examining historical patterns, current market conditions, and the Market Cap/M2 ratio as complementary indicators for assessing systemic risks....