Minerd Says Another Archegos-Style Blowup ‘Highly Likely’

The transcript discusses the potential for another financial event similar to the Archegos situation, highlighting the risks associated with leverage in hedge funds and family offices. It emphasizes the market's vulnerability to unexpected losses and the tendency for such events to cascade until a correction occurs. The discussion also touches on rising complacency in the market, as indicated by the VIX, and the unpredictability of future risks.

What recent events have indicated vulnerabilities in the hedge fund system?

How does the speaker perceive the likelihood of another major financial situation similar to Archegos?

What are the potential consequences of a major loss in the hedge fund system according to the speaker?

What does the speaker mean by 'complacency is rising quite a bit' in the context of market risks?

In what ways does the speaker suggest that risks in the market can be unpredictable?