"Investorsare stillhedging against an increasein inflation, butfewer are as focused ondeflation," saysDeanCurnutt, chiefexecutive of MacroRisk Advisors.
Dean Curnutt at Macro Risk Advisors figures that in early March the Credit Suisse fund had to trade the equivalent of 3, 300 VIX futures contracts daily, or about 4% of the entire day's volume.
Mr. Curnutt says an answer of sorts can be found in a letter Scott wrote to Zelda in 1930, in which he argued that they were both to blame for their unhappiness and creative troubles.