Crispin Odey has never liked central bank quantitative magic, saying an asset bubble was being created that would likely burst. The bearish London-based hedge fund manager, in a letter to investors reviewed by ValueWalk, now looks at quantitative easing as a societal wedge pushing students to the political left. [dalio] When university tuition increased in the United Kingdom by 300% in 2012, there was a general thought that “this would turn students into consumers,” the August Odey European fund letter observed. The logic was that “shoppers” would change the market dynamic and “demand value for money and more appropriate courses.” But…
Crispin Odey: QE Is Turning Students Into Leftists And MiFID II Could Make It Worse
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.