Jul
10

Hedge-Fund Manager Crispin Odey Says It’s Now More Likely the Market Will Crash

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Crispin Odey, who made money for a second straight month by sticking to bearish equity bets, said the chance of a market crash is rising as growth slows and the Federal Reserve normalizes interest rates.

The credit cycle boosted by loose monetary policy has peaked and there’s a widespread slowdown in the auto, commodity, industrial and retail sectors, Odey wrote in a letter to investors. Unlike previous dips since the financial crisis, central banks aren’t responding by printing more money…

Hedge-Fund Manager Crispin Odey Says It’s Now More Likely the Market Will Crash

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Categories : Hedge Funds

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