After sporting middling 1.7% returns in the first quarter, admitted market cynics at Carlson Capital delivered notable 9.9% net second quarter returns to investors. The above mean performance came despite talk of “bubbles” and the “momentum phase” of the stock market kicking in. After investing on a drawdown in the immediate aftermath of Brexit, the $8.5 billion hedge fund thinks one beaten down investment category, the banks, could benefit. Also see top hedge fund letters here Carlson: unprecedented central banks interventions have caused many market participants to question the reliability of market signals Sounding a tone similar to JPMorgan’s Marko Kolanovic,…
Amid Strong Q2 Gains, Carlson Capital Warns Of Danger In Bond Market
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.