Want to create an interactive transcript for this episode?
Podcast: The ACID Capitalist Podcast
Episode: A One-in-a-Thousand Market Moment
Description: Send us Fan MailWhen logic fails, hedges break, and the models panic.Markets rarely behave. In this episode, Hugh Hendry unpacks why. Exploring what happens when models flash red and logic collapses in real time. From George Gammon’s CarMax hedge to the intricacies of dating, calculating sexual market value and the Fed’s confused dance with Treasury policy, Hugh dissects how a “Z-score of 3” moment becomes a one-in-a-thousand event that reshapes portfolios.He links collapsing used-car stocks to compressed thirty year immigration trends, digs into the stealth recession in U.S. hous...