[2019 Letter] Longtime near-zero rates have created a liquidity trap: Klarman

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Michelle deBoer-Jones
Published on
Updated on

Another year is in the books, and 2020 is off and running. Baupost’s Seth Klarman weighed in on what has been going on in the economy and the markets in his fourth-quarter letter to investors, which was reviewed by ValueWalk.

Also see Klarman’s thoughts from the letter on

 

Fed moves in 2019

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.