In a market environment where “policymakers exert ultimate control over securities prices,” Paul Singer, head of the $30 billion Elliott Management, notes a security pricing mismatch. In such an environment, inflation could be the canary in the coal mine, according to the hedge fund’s Q3 letter, a copy of which was reviewed by ValueWalk. Also see Paul Singer Warns Of Severe Market Disclocations Q3 2016 Hedge Fund Letters Elliott Management – “Unexpected breakout” could be negative for bond investors With economic policies in the developed world “unsound” and “marching in the wrong direction,” Singer is concerned that highly leveraged, long-duration…
Elliott Management “Too big to fail” Might Actually Be Too Big To Bail Out
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.